Kumba Iron Ore Management
Management criteria checks 4/4
Kumba Iron Ore's CEO is Mpumi Zikalala, appointed in Jan 2022, has a tenure of 3.08 years. total yearly compensation is ZAR26.62M, comprised of 31.7% salary and 68.3% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ZAR4.88M. The average tenure of the management team and the board of directors is 3.4 years and 6.2 years respectively.
Key information
Mpumi Zikalala
Chief executive officer
R26.6m
Total compensation
| CEO salary percentage | 31.7% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.004% |
| Management average tenure | 3.4yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
Insufficient Growth At Kumba Iron Ore Limited (JSE:KIO) Hampers Share Price
Jan 20
Kumba Iron Ore (JSE:KIO) Seems To Use Debt Rather Sparingly
Dec 24Many Would Be Envious Of Kumba Iron Ore's (JSE:KIO) Excellent Returns On Capital
Oct 20Kumba Iron Ore Limited's (JSE:KIO) Price Is Right But Growth Is Lacking
Sep 28These 4 Measures Indicate That Kumba Iron Ore (JSE:KIO) Is Using Debt Safely
Sep 06Kumba Iron Ore (JSE:KIO) Is Investing Its Capital With Increasing Efficiency
Jun 25Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing
Jun 04Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt
Apr 02Why We Like The Returns At Kumba Iron Ore (JSE:KIO)
Feb 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | R20b |
| Mar 31 2024 | n/a | n/a | R21b |
| Dec 31 2023 | R27m | R8m | R23b |
| Sep 30 2023 | n/a | n/a | R18b |
| Jun 30 2023 | n/a | n/a | R13b |
| Mar 31 2023 | n/a | n/a | R14b |
| Dec 31 2022 | R30m | R8m | R15b |
Compensation vs Market: Mpumi's total compensation ($USD1.43M) is about average for companies of similar size in the ZA market ($USD1.76M).
Compensation vs Earnings: Mpumi's compensation has been consistent with company performance over the past year.
CEO
Mpumi Zikalala (45 yo)
3.1yrs
Tenure
R26,623,000
Compensation
Ms. Nompumelelo D. Zikalala, also known as Mpumi, serves as Chief Executive Officer and Executive Director at Kumba Iron Ore Limited since January 01, 2022. She serves as CEO of Kumba at Anglo American plc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.1yrs | R26.62m | 0.0039% ZAR 4.9m | |
| CFO & Executive Director | 7.4yrs | R13.99m | 0.0046% ZAR 5.7m | |
| Executive Head of Human Resources | 2.5yrs | R5.40m | 0.0011% ZAR 1.4m | |
| Executive Head of Corporate Affairs | 4.4yrs | R7.67m | 0.0016% ZAR 2.0m | |
| Executive Head of SHE | 3.8yrs | R5.65m | 0.00089% ZAR 1.1m | |
| Executive Head of Technical & Strategy | 1.6yrs | R8.99m | no data | |
| Company Secretary | 5.1yrs | R4.77m | 0.0013% ZAR 1.7m | |
| Investor Relations Manager | no data | no data | no data | |
| Chief Transformation Officer | less than a year | no data | no data |
3.4yrs
Average Tenure
48.5yo
Average Age
Experienced Management: KIO's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.1yrs | R26.62m | 0.0039% ZAR 4.9m | |
| CFO & Executive Director | 7.4yrs | R13.99m | 0.0046% ZAR 5.7m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman | 7.9yrs | R1.93m | no data | |
| Independent Non-Executive Director | 7.7yrs | R1.24m | no data | |
| Independent Non-Executive Director | 7.2yrs | R1.22m | no data | |
| Lead Independent Non-Executive Director | 7.2yrs | R1.37m | no data | |
| Non Executive Director | 8.4yrs | R5.89m | 0.045% ZAR 56.1m | |
| Independent Non-Executive Director | 2.1yrs | R968.00k | no data | |
| Independent Non-Executive Director | 5.3yrs | R1.05m | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 3.8yrs | R920.00k | no data |
6.2yrs
Average Tenure
54yo
Average Age
Experienced Board: KIO's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 00:33 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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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
Kumba Iron Ore Limited is covered by 29 analysts. 10 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 |
|---|---|
| Mpumelelo Mthembu | Absa Bank Limited |
| Wade Napier | Avior Capital Markets |
| Caroline Learmonth | Barclays |