Heriot REIT Limited

JSE:HET Stock Report

Market Cap: R5.1b

Heriot REIT Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Richard Herring

Chief executive officer

R5.3m

Total compensation

CEO salary percentage81.3%
CEO tenure7.3yrs
CEO ownership4.4%
Management average tenureno data
Board average tenure2.7yrs

Recent management updates

Recent updates

Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?

Jan 14
Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?

CEO Compensation Analysis

How has Richard Herring's remuneration changed compared to Heriot REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R5mR4m

R665m

Mar 31 2024n/an/a

R821m

Dec 31 2023n/an/a

R978m

Sep 30 2023n/an/a

R971m

Jun 30 2023R5mR4m

R964m

Mar 31 2023n/an/a

R820m

Dec 31 2022n/an/a

R677m

Sep 30 2022n/an/a

R643m

Jun 30 2022R5mR4m

R610m

Mar 31 2022n/an/a

R511m

Dec 31 2021n/an/a

R411m

Sep 30 2021n/an/a

R362m

Jun 30 2021R5mR4m

R313m

Mar 31 2021n/an/a

R149m

Dec 31 2020n/an/a

-R15m

Sep 30 2020n/an/a

R34m

Jun 30 2020R5mR4m

R83m

Mar 31 2020n/an/a

R179m

Dec 31 2019n/an/a

R276m

Sep 30 2019n/an/a

R243m

Jun 30 2019R4mR4m

R209m

Jun 30 2018R3mR3m

R460m

Compensation vs Market: Richard's total compensation ($USD294.84K) is below average for companies of similar size in the ZA market ($USD696.50K).

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

CEO

Richard Herring (52 yo)

7.3yrs

Tenure

R5,340,000

Compensation

Mr. Richard Lawrence Herring serves as Chief Executive Officer at Heriot REIT Limited since August 18, 2018 and serves as its Executive Director. Mr. Herring is a qualified Chartered Accountant and served...

Board Members

NamePositionTenureCompensationOwnership
Richard Herring
CEO & Executive Directorno dataR5.34m4.45%
ZAR 227.1m
Daniel Snoyman
CFO & Directorno dataR2.88mno data
Andile Mazwai
Non-Executive Directorless than a yearno datano data
Robin Lockhart-Ross
Independent Non-Executive Director5.2yrsR323.00kno data
Steven Herring
Non-Executive Chairman7.6yrsR1.01m69.78%
ZAR 3.6b
Selwyn Blieden
Lead Independent Directorno dataR349.00kno data
Gregory Heron
Independent Non-Executive Directorless than a yearno datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Board: HET's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.