Ascendis Health Management
Management criteria checks 2/4
Ascendis Health's CEO is A. Neethling, appointed in Sep 2022, has a tenure of 2.17 years. total yearly compensation is ZAR2.19M, comprised of 98.6% salary and 1.4% bonuses, including company stock and options. directly owns 10.76% of the company’s shares, worth ZAR48.48M. The average tenure of the management team and the board of directors is 1.2 years and 2.5 years respectively.
Key information
A. Neethling
Chief executive officer
R2.2m
Total compensation
| CEO salary percentage | 98.6% |
| CEO tenure | 2.2yrs |
| CEO ownership | 10.8% |
| Management average tenure | 1.2yrs |
| Board average tenure | 2.5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | R2m | R2m | R42m |
| Mar 31 2024 | n/a | n/a | -R4m |
| Dec 31 2023 | n/a | n/a | -R51m |
| Sep 30 2023 | n/a | n/a | -R168m |
| Jun 30 2023 | R81k | n/a | -R286m |
| Mar 31 2023 | n/a | n/a | -R277m |
| Dec 31 2022 | n/a | n/a | -R268m |
| Sep 30 2022 | n/a | n/a | -R513m |
| Jun 30 2022 | R67k | n/a | -R759m |
Compensation vs Market: A.'s total compensation ($USD120.93K) is below average for companies of similar size in the ZA market ($USD354.93K).
Compensation vs Earnings: A.'s compensation has been consistent with company performance over the past year.
CEO
A. Neethling (45 yo)
2.2yrs
Tenure
R2,189,000
Compensation
Mr. A. Carl Neethling is CEO & Director of Ascendis Health Limited from 2023 and had been its Acting Chief Financial Officer. He served as Executive Director, Chief Transition Officer and Acting CEO of Asc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.2yrs | R2.19m | 10.76% ZAR 48.5m | |
| Group Head of Finance & Interim CFO | less than a year | no data | no data | |
| Head of Legal & Company Secretary | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
Experienced Management: ASC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | R2.19m | 10.76% ZAR 48.5m | |
| Independent Chairman | 2.5yrs | R1.10m | 0.040% ZAR 180.1k | |
| Independent Non-Executive Director | 2.9yrs | R607.00k | 0.20% ZAR 921.9k | |
| Non-Executive Director | 2.1yrs | R189.00k | no data | |
| Independent Non-Executive Director | less than a year | R75.00k | no data |
2.5yrs
Average Tenure
53yo
Average Age
Experienced Board: ASC's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.