Exemplar REITail Management
Management criteria checks 4/4
Exemplar REITail's CEO is Jason McCormick, appointed in Jun 2018, has a tenure of 6.42 years. total yearly compensation is ZAR3.55M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 2.47% of the company’s shares, worth ZAR94.46M. The average tenure of the management team and the board of directors is 6.4 years and 6.8 years respectively.
Key information
Jason McCormick
Chief executive officer
R3.6m
Total compensation
| CEO salary percentage | 61.5% |
| CEO tenure | 6.4yrs |
| CEO ownership | 2.5% |
| Management average tenure | 6.4yrs |
| Board average tenure | 6.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | R720m |
| May 31 2024 | n/a | n/a | R714m |
| Feb 29 2024 | R4m | R2m | R709m |
| Nov 30 2023 | n/a | n/a | R857m |
| Aug 31 2023 | n/a | n/a | R1b |
| May 31 2023 | n/a | n/a | R990m |
| Feb 28 2023 | R3m | n/a | R975m |
| Nov 30 2022 | n/a | n/a | R1b |
| Aug 31 2022 | n/a | n/a | R1b |
| May 31 2022 | n/a | n/a | R981m |
| Feb 28 2022 | R2m | R2m | R914m |
Compensation vs Market: Jason's total compensation ($USD196.28K) is below average for companies of similar size in the ZA market ($USD696.50K).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
CEO
Jason McCormick (44 yo)
6.4yrs
Tenure
R3,554,338
Compensation
Mr. Jason McCormick, serves as Chief Executive Officer at Exemplar REITail Limited since June 2018 and also serves as its Executive Director. He serves as MD of McCormick Property Development (MPD) and ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.4yrs | R3.55m | 2.47% ZAR 94.5m | |
| CFO & Executive Director | 6.4yrs | R4.38m | 1.29% ZAR 49.2m | |
| Executive Director | no data | R2.19m | no data | |
| Head of Group Operations | 6.4yrs | no data | no data | |
| Company Secretary & Legal Counsel | 6.4yrs | no data | no data | |
| Head of Human Resources & Marketing | 6.4yrs | no data | no data | |
| Head of Leasing | 6.4yrs | no data | no data |
6.4yrs
Average Tenure
50yo
Average Age
Experienced Management: EXP's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | R3.55m | 2.47% ZAR 94.5m | |
| CFO & Executive Director | no data | R4.38m | 1.29% ZAR 49.2m | |
| Executive Director | 6.8yrs | R2.19m | no data | |
| Independent Chairman of the Board | 6.8yrs | R607.93k | no data | |
| Lead Independent Director | no data | R528.54k | no data | |
| Independent Non-Executive Director | 3.3yrs | R419.65k | no data | |
| Independent Non-Executive Director | no data | R470.69k | no data | |
| Independent Non-Executive Director | no data | R470.69k | no data |
6.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: EXP's board of directors are considered experienced (6.8 years average tenure).