Growthpoint Properties Management
Management criteria checks 4/4
Growthpoint Properties' CEO is Leon Sasse, appointed in Mar 2018, has a tenure of 6.08 years. total yearly compensation is ZAR22.44M, comprised of 36% salary and 64% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth ZAR34.53M. The average tenure of the management team and the board of directors is 6.2 years and 3.8 years respectively.
Key information
Leon Sasse
Chief executive officer
R22.4m
Total compensation
| CEO salary percentage | 36.0% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.2yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates
Nov 25
Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment
Nov 09Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021
Mar 23Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?
Feb 28Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?
Feb 01
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?
Jan 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R647m |
| Sep 30 2023 | n/a | n/a | R2b |
| Jun 30 2023 | R22m | R8m | R2b |
| Mar 31 2023 | n/a | n/a | R4b |
| Dec 31 2022 | n/a | n/a | R6b |
| Sep 30 2022 | n/a | n/a | R7b |
| Jun 30 2022 | R26m | R8m | R8b |
| Mar 31 2022 | n/a | n/a | R6b |
| Dec 31 2021 | n/a | n/a | R4b |
| Sep 30 2021 | n/a | n/a | R2b |
| Jun 30 2021 | R17m | R7m | -R497m |
| Mar 31 2021 | n/a | n/a | -R6b |
| Dec 31 2020 | n/a | n/a | -R12b |
| Sep 30 2020 | n/a | n/a | -R9b |
| Jun 30 2020 | R23m | R6m | -R7b |
| Mar 31 2020 | n/a | n/a | -R346m |
| Dec 31 2019 | n/a | n/a | R6b |
| Sep 30 2019 | n/a | n/a | R6b |
| Jun 30 2019 | R26m | R6m | R6b |
| Mar 31 2019 | n/a | n/a | R5b |
| Dec 31 2018 | n/a | n/a | R4b |
| Sep 30 2018 | n/a | n/a | R6b |
| Jun 30 2018 | R29m | R7m | R7b |
| Mar 31 2018 | n/a | n/a | R8b |
| Dec 31 2017 | n/a | n/a | R9b |
| Sep 30 2017 | n/a | n/a | R8b |
| Jun 30 2017 | R12m | R5m | R8b |
Compensation vs Market: Leon's total compensation ($USD1.18M) is about average for companies of similar size in the ZA market ($USD971.58K).
Compensation vs Earnings: Leon's compensation has been consistent with company performance over the past year.
CEO
Leon Sasse (59 yo)
6.1yrs
Tenure
R22,442,840
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 6.1yrs | R22.44m | 0.096% ZAR 34.5m | |
| Group Financial Director & Executive Director | 11.2yrs | R10.77m | 0.013% ZAR 4.8m | |
| CEO of South Africa & Executive Director | 9.1yrs | R17.45m | 0.11% ZAR 38.7m | |
| Group Head of Investments | 1.3yrs | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Head of Investor Relations & Strategy | no data | no data | no data | |
| Group Legal Counsel | 5.3yrs | no data | no data | |
| Head of Risk & Compliance | no data | no data | no data | |
| Chief Operating Officer of South Africa | 6.3yrs | no data | no data | |
| Regional Head of Cape Town | no data | no data | no data | |
| National Development Head | no data | no data | no data | |
| Head of Corporate Social Responsibility | no data | no data | no data |
6.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: GRT's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 20.7yrs | R22.44m | 0.096% ZAR 34.5m | |
| Group Financial Director & Executive Director | 11.2yrs | R10.77m | 0.013% ZAR 4.8m | |
| CEO of South Africa & Executive Director | 15.7yrs | R17.45m | 0.11% ZAR 38.7m | |
| Independent Non-Executive Director | 4.6yrs | R1.65m | no data | |
| Lead Independent Director | 3.6yrs | R1.26m | no data | |
| Independent Non-Executive Director | 2.1yrs | R1.01m | no data | |
| Independent Non-Executive Director | 2.6yrs | R1.32m | 0.00016% ZAR 57.6k | |
| Independent Non-Executive Director | 3.6yrs | R1.01m | no data | |
| Independent Non-Executive Director | 4.6yrs | R1.17m | 0.0021% ZAR 745.2k | |
| Independent Chairman of the Board | 3.8yrs | R3.28m | no data | |
| Independent Non-Executive Director | 2.2yrs | R1.17m | no data |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Board: GRT's board of directors are considered experienced (3.8 years average tenure).