Harmony Gold Mining Company Limited

JSE:HAR Stock Report

Market Cap: R97.8b

Harmony Gold Mining Management

Management criteria checks 4/4

Harmony Gold Mining's CEO is Peter Steenkamp, appointed in Jan 2016, has a tenure of 8.92 years. total yearly compensation is ZAR18.00M, comprised of 56.7% salary and 43.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ZAR113.25M. The average tenure of the management team and the board of directors is 6.8 years and 10.3 years respectively.

Key information

Peter Steenkamp

Chief executive officer

R18.0m

Total compensation

CEO salary percentage56.7%
CEO tenure8.9yrs
CEO ownership0.1%
Management average tenure6.8yrs
Board average tenure10.3yrs

Recent management updates

Recent updates

Investors Aren't Entirely Convinced By Harmony Gold Mining Company Limited's (JSE:HAR) Revenues

Feb 05
Investors Aren't Entirely Convinced By Harmony Gold Mining Company Limited's (JSE:HAR) Revenues

CEO Compensation Analysis

How has Peter Steenkamp's remuneration changed compared to Harmony Gold Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R18mR10m

R9b

Mar 31 2024n/an/a

R9b

Dec 31 2023n/an/a

R9b

Sep 30 2023n/an/a

R7b

Jun 30 2023R15mR10m

R5b

Mar 31 2023n/an/a

R2b

Dec 31 2022n/an/a

-R600m

Sep 30 2022n/an/a

-R826m

Jun 30 2022R18mR9m

-R1b

Mar 31 2022n/an/a

R425m

Dec 31 2021n/an/a

R2b

Sep 30 2021n/an/a

R3b

Jun 30 2021R16mR9m

R5b

Mar 31 2021n/an/a

R4b

Dec 31 2020n/an/a

R2b

Sep 30 2020n/an/a

R743m

Jun 30 2020R12mR8m

-R878m

Mar 31 2020n/an/a

-R1b

Dec 31 2019n/an/a

-R1b

Sep 30 2019n/an/a

-R2b

Jun 30 2019R16mR8m

-R3b

Mar 31 2019n/an/a

-R4b

Dec 31 2018n/an/a

-R5b

Sep 30 2018n/an/a

-R5b

Jun 30 2018R15mR8m

-R4b

Compensation vs Market: Peter's total compensation ($USD982.46K) is below average for companies of similar size in the ZA market ($USD1.76M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.

CEO

Peter Steenkamp (64 yo)

8.9yrs

Tenure

R18,002,000

Compensation

Mr. Peter William Steenkamp, BEng (Mining), Mine Manager’s Certificate Metal Mines, Mine Manager’s Certificate Fiery Mines, CPIR, MDP, BLDP has been the Chief Executive Officer and Executive Director of Ha...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Steenkamp
CEO & Executive Director8.9yrsR18.00m0.12%
ZAR 113.3m
Boipelo Lekubo
Financial Director & Executive Director4.8yrsR11.21m0.014%
ZAR 13.7m
Beyers Nel
Group Chief Operating Officer of Operations1.8yrsR14.78m0.018%
ZAR 17.6m
Anton Buthelezi
Chief People Officer13.2yrsR9.15mno data
Marian Van Der Walt
Chief Corporate Officerno dataR8.71m0.011%
ZAR 10.7m
Johannes van Heerden
Chief Development Officer16.9yrsR13.62m0.018%
ZAR 17.7m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Directorno dataR9.32m0.014%
ZAR 13.6m
Siphamandla Mthethwa
Executive Head of Technical & Engineeringno datano datano data
Hendrik Kotze
Chief Information Officerless than a yearno datano data
Jared Coetzer
Head of Investor Relationsno datano datano data
Besky Maluleka-Ngunjiri
Chief Audit Executiveno datano datano data
D. Fourie
Head of Department - Geostatisticianno datano datano data

6.8yrs

Average Tenure

51yo

Average Age

Experienced Management: HAR's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Steenkamp
CEO & Executive Director8.9yrsR18.00m0.12%
ZAR 113.3m
Boipelo Lekubo
Financial Director & Executive Director4.8yrsR11.21m0.014%
ZAR 13.7m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director14.8yrsR9.32m0.014%
ZAR 13.6m
Patrice Motsepe
Non-Independent Non-Executive Chairman21.3yrsR2.15mno data
Peter Turner
Independent Non-Executive Director3.8yrsR1.13mno data
Mavuso Msimang
Lead Independent Non-Executive Director13.8yrsR1.28mno data
Vishnu Pillay
Independent Non-Executive Director11.6yrsR1.44mno data
Karabo Nondumo
Independent Non-Executive Deputy Chairman11.6yrsR1.94mno data
John Wetton
Independent Non-Executive Director13.4yrsR1.59mno data
Given Sibiya
Independent Non-Executive Director5.6yrsR1.07mno data
Bongani Nqwababa
Independent Non-Executive Director2.6yrsR1.34mno data
Martin Prinsloo
Independent Non-Executive Director2.6yrsR1.22mno data

10.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: HAR's board of directors are seasoned and experienced ( 10.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Harmony Gold Mining Company Limited is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Herbert KharivheAbsa Bank Limited
Andrew ByrneBarclays
David HaughtonBMO Capital Markets Equity Research