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 2.5 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 ZAR5.06M. The average tenure of the management team and the board of directors is 3.2 years and 5.6 years respectively.

Key information

Mpumi Zikalala

Chief executive officer

R26.6m

Total compensation

CEO salary percentage	31.7%
CEO tenure	2.5yrs
CEO ownership	0.004%
Management average tenure	3.2yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

Kumba Iron Ore (JSE:KIO) Is Investing Its Capital With Increasing Efficiency

Jun 25

Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing

Jun 04

Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Apr 02

Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Feb 19

Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Dec 28

Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

Apr 23

An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued

Jan 19

If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late

Oct 30

A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Oct 10

New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)

Jul 29

Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet

May 08

Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend

Mar 06

This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)

Mar 04

Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?

Mar 01

CEO Compensation Analysis

How has Mpumi Zikalala's remuneration changed compared to Kumba Iron Ore's earnings?
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 ($USD1.46M) is about average for companies of similar size in the ZA market ($USD1.83M).

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

CEO

Mpumi Zikalala (45 yo)

2.5yrs

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
Nompumelelo Zikalala	CEO & Executive Director	2.5yrs	R26.62m	0.0039% ZAR 5.0m
Bothwell Mazarura	CFO & Executive Director	6.8yrs	R13.99m	0.0061% ZAR 7.7m
Simi Ramgoolam	Executive Head of Human Resources	1.9yrs	R5.40m	0.0011% ZAR 1.4m
Pranill Ramchander	Executive Head of Corporate Affairs	3.8yrs	R7.67m	0.0016% ZAR 2.1m
Nandi Sibanyoni	Executive Head of SHE	3.2yrs	R5.65m	0.00089% ZAR 1.1m
P Nortje	Chief Transformation Officer	less than a year	R8.99m	no data
Fazila Patel	Company Secretary	4.5yrs	R4.77m	0.0013% ZAR 1.7m
Penny Himlok	Investor Relations Manager	no data	no data	no data

3.2yrs

Average Tenure

48.5yo

Average Age

Experienced Management: KIO's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nompumelelo Zikalala	CEO & Executive Director	2.5yrs	R26.62m	0.0039% ZAR 5.0m
Bothwell Mazarura	CFO & Executive Director	6.8yrs	R13.99m	0.0061% ZAR 7.7m
Neo Mokhesi	Independent Non-Executive Director	no data	no data	no data
Terence Goodlace	Independent Non-Executive Chairman	7.3yrs	R1.93m	no data
Sango Ntsaluba	Independent Non-Executive Director	7.1yrs	R1.24m	no data
Nomalizo Langa-Royds	Independent Non-Executive Director	6.6yrs	R1.22m	no data
Mary Bomela	Lead Independent Non-Executive Director	6.6yrs	R1.37m	no data
Themba Mkhwanazi	Non Executive Director	7.8yrs	R5.89m	0.045% ZAR 57.2m
Aman Jeawon	Independent Non-Executive Director	1.5yrs	R968.00k	no data
Michelle Jenkins	Independent Non-Executive Director	4.7yrs	R1.05m	no data
Matthew Thomas Walker	Non-Executive Director	less than a year	no data	no data
Montsheng Tsele	Non-Executive Director	3.2yrs	R920.00k	no data

5.6yrs

Average Tenure

54yo

Average Age

Experienced Board: KIO's board of directors are considered experienced (5.6 years average tenure).

Kumba Iron Ore Management

Management criteria checks 4/4

Key information

Recent management updates

Kumba Iron Ore Limited Appoints Neo Violet Mokhesi as Independent Non-Executive Director and Member of the Audit Committee, Social, Ethics and Transformation Committee and Safety, Health and Sustainable Development Committee

Kumba Iron Ore Limited, Annual General Meeting, May 28, 2024

Kumba Iron Ore Limited Appoints Mr. Matthew Walker as Non-Executive Director, Effective April 1, 2024

Non Executive Director exercised options and sold R10m worth of stock

CFO & Executive Director recently sold R1.8m worth of stock

Kumba Iron Ore Limited Announces Board Changes

Recent updates

First half 2024 earnings released: EPS: R22.27 (vs R30.04 in 1H 2023)

First half dividend reduced to R18.77

Kumba Iron Ore Limited Approves Interim Cash Dividend for the Period Ended June 30, 2024, Payable on August 19, 2024

Now 22% undervalued after recent price drop

Kumba Iron Ore Limited Appoints Neo Violet Mokhesi as Independent Non-Executive Director and Member of the Audit Committee, Social, Ethics and Transformation Committee and Safety, Health and Sustainable Development Committee

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Kumba Iron Ore (JSE:KIO) Is Investing Its Capital With Increasing Efficiency

Now 20% undervalued after recent price drop

Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Fiscal Year 2024

Kumba Iron Ore Limited, Annual General Meeting, May 28, 2024

Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Kumba Iron Ore Limited Appoints Mr. Matthew Walker as Non-Executive Director, Effective April 1, 2024

Investor sentiment deteriorates as stock falls 15%

Non Executive Director exercised options and sold R10m worth of stock

Upcoming dividend of R24.20 per share

Full year 2023 earnings released: EPS: R70.80 (vs R46.64 in FY 2022)

Kumba Iron Ore Limited Approves Gross Final Cash Dividend for the Year Ended 31 December 2023, Payable on 18 March 2024

Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Now 23% overvalued after recent price rise

Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly

CFO & Executive Director recently sold R1.8m worth of stock

Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive

Kumba Iron Ore Limited Announces Board Changes

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Year 2023

Sarah Kuijlaars Steps Down as Non-Executive Director, Member of Both the Strategy and Investment Committee and the Social, Ethics and Transformation Committee of Kumba Iron Ore Limited, Effective 1 October 2023

Sarah Kuijlaars, Steps Down as Non-Executive Director of Kumba Iron Ore Limited, Effective 1 October 2023

Investor sentiment improves as stock rises 17%

We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt

Kumba Iron Ore Limited to Report Q2, 2024 Results on Jul 23, 2024

Upcoming dividend of R22.60 per share at 8.8% yield

Consensus EPS estimates increase by 11%, revenue downgraded

Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year

First half 2023 earnings released: EPS: R30.04 (vs R36.01 in 1H 2022)

Kumba Iron Ore Limited Announces Interim Cash Dividend for the Period Ended 30 June 2023, Payable on 21 August 2023

Kumba Iron Ore Limited Revises Sales Guidance for the Year 2023

Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital

New minor risk - Profit margin trend

Kumba Iron Ore Limited Appoints Mary Bomela as Lead Independent Non-Executive Director, Effective from 1 July 2023

Kumba Iron Ore Limited Announces Changes to Board Committees

CFO & Executive Director recently sold R1.5m worth of stock

Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly

Consensus EPS estimates increase by 13%

Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of R16.30 per share at 6.8% yield

Non Executive Director recently sold R7.5m worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 11%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to R400

Kumba Iron Ore Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Kumba Iron Ore Limited to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of R28.70 per share

First half 2022 earnings released: EPS: R36.01 (vs R72.82 in 1H 2021)

Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Kumba Iron Ore Limited to Report First Half, 2022 Results on Jul 26, 2022

Investor sentiment deteriorated over the past week

Now 24% undervalued after recent price drop

Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

Investor sentiment deteriorated over the past week

Kumba Iron Ore Limited Revises Production Guidance for the Year 2022

Price target increased to R451

Upcoming dividend of R30.50 per share

Non Executive Director recently sold R6.1m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint