Harmony Gold Mining Management
Management criteria checks 3/4
Harmony Gold Mining's CEO is Beyers Nel, appointed in Feb 2023, has a tenure of 1.92 years. total yearly compensation is ZAR14.78M, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth ZAR21.44M. The average tenure of the management team and the board of directors is 3.4 years and 8.7 years respectively.
Key information
Beyers Nel
Chief executive officer
R14.8m
Total compensation
CEO salary percentage | 43.2% |
CEO tenure | 1.9yrs |
CEO ownership | 0.02% |
Management average tenure | 3.4yrs |
Board average tenure | 8.7yrs |
Recent management updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | R15m | R6m | R9b |
Mar 31 2024 | n/a | n/a | R9b |
Dec 31 2023 | n/a | n/a | R9b |
Sep 30 2023 | n/a | n/a | R7b |
Jun 30 2023 | R9m | R6m | R5b |
Mar 31 2023 | n/a | n/a | R2b |
Dec 31 2022 | n/a | n/a | -R600m |
Sep 30 2022 | n/a | n/a | -R826m |
Jun 30 2022 | R10m | R6m | -R1b |
Mar 31 2022 | n/a | n/a | R425m |
Dec 31 2021 | n/a | n/a | R2b |
Sep 30 2021 | n/a | n/a | R3b |
Jun 30 2021 | R9m | R5m | R5b |
Mar 31 2021 | n/a | n/a | R4b |
Dec 31 2020 | n/a | n/a | R2b |
Sep 30 2020 | n/a | n/a | R743m |
Jun 30 2020 | R6m | R5m | -R878m |
Mar 31 2020 | n/a | n/a | -R1b |
Dec 31 2019 | n/a | n/a | -R1b |
Sep 30 2019 | n/a | n/a | -R2b |
Jun 30 2019 | R9m | R5m | -R3b |
Mar 31 2019 | n/a | n/a | -R4b |
Dec 31 2018 | n/a | n/a | -R5b |
Sep 30 2018 | n/a | n/a | -R5b |
Jun 30 2018 | R8m | R5m | -R4b |
Compensation vs Market: Beyers's total compensation ($USD798.49K) is below average for companies of similar size in the ZA market ($USD1.77M).
Compensation vs Earnings: Beyers's compensation has increased by more than 20% in the past year.
CEO
Beyers Nel (46 yo)
1.9yrs
Tenure
R14,777,000
Compensation
Mr. Beyers B. Nel, BSc, BEng (Mining Engineering), MBA, Pr. Eng, Mine Manager’s Certificate of Competency, serves as Group Chief Executive Officer & Executive Director at Harmony Gold Mining Company Limite...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Executive Director | 1.9yrs | R14.78m | 0.018% ZAR 21.4m | |
Financial Director & Executive Director | 4.8yrs | R11.21m | 0.014% ZAR 16.7m | |
Chief People Officer | 13.3yrs | R9.15m | no data | |
Chief Corporate Officer | no data | R8.71m | 0.011% ZAR 13.1m | |
Chief Development Officer | 17yrs | R13.62m | 0.018% ZAR 21.5m | |
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | no data | R9.32m | 0.014% ZAR 16.5m | |
Executive Head of Technical & Engineering | no data | no data | no data | |
Chief Information Officer | less than a year | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Deputy Group Chief Executive Officer | no data | no data | no data | |
Chief Audit Executive | no data | no data | no data | |
Head of Department - Geostatistician | no data | no data | no data |
3.4yrs
Average Tenure
50yo
Average Age
Experienced Management: HAR's management team is considered experienced (3.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Executive Director | no data | R14.78m | 0.018% ZAR 21.4m | |
Financial Director & Executive Director | 4.8yrs | R11.21m | 0.014% ZAR 16.7m | |
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | 14.9yrs | R9.32m | 0.014% ZAR 16.5m | |
Non-Independent Non-Executive Chairman | 21.3yrs | R2.15m | no data | |
Independent Non-Executive Director | no data | R473.36k | no data | |
Lead Independent Non-Executive Director | 13.8yrs | R1.28m | no data | |
Independent Non-Executive Director | 11.7yrs | R1.44m | no data | |
Independent Non-Executive Deputy Chairman | 11.7yrs | R1.94m | no data | |
Independent Non-Executive Director | 13.5yrs | R1.59m | no data | |
Independent Non-Executive Director | 5.7yrs | R1.07m | no data | |
Independent Non-Executive Director | 2.7yrs | R1.34m | no data | |
Independent Non-Executive Director | 2.7yrs | R1.22m | no data |
8.7yrs
Average Tenure
58.5yo
Average Age
Experienced Board: HAR's board of directors are considered experienced (8.7 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/21 06:43 |
End of Day Share Price | 2025/01/21 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2024/06/30 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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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.
Analyst | Institution |
---|---|
Herbert Kharivhe | Absa Bank Limited |
Andrew Byrne | Barclays |
David Haughton | BMO Capital Markets Equity Research |