Growthpoint Properties Limited

JSE:GRT Stock Report

Mkt Cap: R48.1b

Growthpoint Properties Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Leon Sasse (57 yo)

19.42yrs

Tenure

R26,110,878

Compensation

Mr. Leon Norbert Sasse, BCom (Hons) (Acc), CA (SA) has been the Group the Chief Executive Officer of Growthpoint Properties Ltd. since March 1, 2018. Mr. Sasse has been an Executive Director at Acucap Prop...


CEO Compensation Analysis

How has Leon Sasse's remuneration changed compared to Growthpoint Properties's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022R26mR7m

R8b

Mar 31 2022n/an/a

R6b

Dec 31 2021n/an/a

R4b

Sep 30 2021n/an/a

R2b

Jun 30 2021R24mR6m

-R497m

Mar 31 2021n/an/a

-R6b

Dec 31 2020n/an/a

-R12b

Sep 30 2020n/an/a

-R9b

Jun 30 2020R23mR6m

-R7b

Mar 31 2020n/an/a

-R346m

Dec 31 2019n/an/a

R6b

Sep 30 2019n/an/a

R6b

Jun 30 2019R26mR6m

R6b

Mar 31 2019n/an/a

R5b

Dec 31 2018n/an/a

R4b

Sep 30 2018n/an/a

R6b

Jun 30 2018R29mR7m

R7b

Mar 31 2018n/an/a

R8b

Dec 31 2017n/an/a

R9b

Sep 30 2017n/an/a

R8b

Jun 30 2017R12mR5m

R8b

Mar 31 2017n/an/a

R7b

Dec 31 2016n/an/a

R6b

Sep 30 2016n/an/a

R6b

Jun 30 2016R11mR5m

R5b

Compensation vs Market: Leon's total compensation ($USD1.50M) is above average for companies of similar size in the ZA market ($USD1.07M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Leon Sasse
Group CEO & Executive Director4.83yrsR26.11m0.086%
ZAR 41.4m
Gerald Volkel
Group Financial Director & Executive Director9.92yrsR12.35m0.0085%
ZAR 4.1m
N. Chauke
HR Director & Executive Director5.33yrsR5.20m0.00017%
ZAR 81.8k
Estienne de Klerk
CEO of South Africa & Executive Director7.83yrsR20.44m0.099%
ZAR 47.8m
Alec Davis
Chief Information Officerno datano datano data
Lauren Turner
Head of Investor Relationsno datano datano data
Xolani Hlatshwayo
Group Legal Counsel4yrsno datano data
Z. Dziba
Head of Risk & Complianceno datano datano data
Nadine Briers
Head of Marketingno datano datano data
Steffen Nizetich
Head of Internal Auditno datano datano data
Engelbert Binedell
Chief Operating Officer of South Africa5yrsno datano data
David Stoll
Regional Head of Cape Townno datano datano data

5.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: GRT's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Leon Sasse
Group CEO & Executive Director19.42yrsR26.11m0.086%
ZAR 41.4m
Gerald Volkel
Group Financial Director & Executive Director9.92yrsR12.35m0.0085%
ZAR 4.1m
N. Chauke
HR Director & Executive Director4.58yrsR5.20m0.00017%
ZAR 81.8k
Estienne de Klerk
CEO of South Africa & Executive Director14.42yrsR20.44m0.099%
ZAR 47.8m
Frank Berkeley
Independent Non-Executive Director3.33yrsR1.67mno data
Clifford Raphiri
Independent Non-Executive Director0.83yrR317.80kno data
Melt Hamman
Independent Non-Executive Director1.33yrsR869.55k0.00016%
ZAR 77.0k
Kuby Lebina
Independent Non-Executive Director2.33yrsR937.10kno data
Andile Sangqu
Lead Independent Director2.33yrsR1.26mno data
John Van Wyk
Independent Non-Executive Director3.33yrsR1.39m0.0021%
ZAR 986.4k
Rhidwaan Gasant
Independent Chairman of the Board2.58yrsR2.77mno data
Eileen Wilton
Independent Non-Executive Director0.92yrR616.80kno data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Board: GRT's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.