SA Corporate Real Estate Limited

JSE:SAC Stock Report

Market Cap: R7.3b

SA Real Estate Management

Management criteria checks 4/4

SA Real Estate's CEO is Terence Mackey, appointed in Jan 2015, has a tenure of 9.83 years. total yearly compensation is ZAR10.34M, comprised of 34.4% salary and 65.6% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth ZAR76.47M. The average tenure of the management team and the board of directors is 3.8 years and 5.3 years respectively.

Key information

Terence Mackey

Chief executive officer

R10.3m

Total compensation

CEO salary percentage34.4%
CEO tenure9.8yrs
CEO ownership1.1%
Management average tenure3.8yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terence Mackey's remuneration changed compared to SA Real Estate's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R1b

Mar 31 2024n/an/a

R1b

Dec 31 2023R10mR4m

R1b

Sep 30 2023n/an/a

R932m

Jun 30 2023n/an/a

R655m

Mar 31 2023n/an/a

R737m

Dec 31 2022R14mR3m

R819m

Sep 30 2022n/an/a

R868m

Jun 30 2022n/an/a

R917m

Mar 31 2022n/an/a

R769m

Dec 31 2021R6mR3m

R621m

Sep 30 2021n/an/a

R257m

Jun 30 2021n/an/a

-R106m

Mar 31 2021n/an/a

-R800m

Dec 31 2020R3mR3m

-R1b

Sep 30 2020n/an/a

-R1b

Jun 30 2020n/an/a

-R1b

Mar 31 2020n/an/a

-R490m

Dec 31 2019R5mR3m

R236m

Sep 30 2019n/an/a

R331m

Jun 30 2019n/an/a

R426m

Mar 31 2019n/an/a

R637m

Dec 31 2018R4mR2m

R848m

Sep 30 2018n/an/a

R1b

Jun 30 2018n/an/a

R1b

Mar 31 2018n/an/a

R1b

Dec 31 2017R6mR2m

R2b

Compensation vs Market: Terence's total compensation ($USD571.00K) is below average for companies of similar size in the ZA market ($USD1.01M).

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

CEO

Terence Mackey (62 yo)

9.8yrs

Tenure

R10,336,000

Compensation

Mr. Terence Rory Mackey, BSc Eng, Postgrad Dip Eng, CPFA, Pr CPM, serves as Non-Executive Director at Real Estate Investments Zambia PLC since March 1, 2024. He serves as Non-Executive Director He is Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Terence Mackey
CEO & Executive Director9.8yrsR10.34m1.05%
ZAR 76.5m
Sameshan Moodley
CFO & Executive Director2.7yrsR4.45m0.14%
ZAR 10.5m
Nomfundo Nomzamo Radebe
COO & Executive Director1.8yrsR3.23m0.088%
ZAR 6.4m
Samson Mojalefa
Head of Corporate Finance & Executive Director4.4yrsno datano data
Kevin van Heever
Managing Director of AFHCO Property Managementno datano datano data
Jacqui Grove
Group Company Secretary3.8yrsno datano data

3.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: SAC's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Terence Mackey
CEO & Executive Director12.3yrsR10.34m1.05%
ZAR 76.5m
Sameshan Moodley
CFO & Executive Director2.7yrsR4.45m0.14%
ZAR 10.5m
Nomfundo Nomzamo Radebe
COO & Executive Director1.8yrsR3.23m0.088%
ZAR 6.4m
Samson Mojalefa
Head of Corporate Finance & Executive Directorless than a yearno datano data
Seapei Mafoyane
Independent Non Executive Director3.8yrsR462.00kno data
Naidene Ford-Hoon
Independent Non-Executive Director5.3yrsR681.00kno data
Emily Hendricks
Independent Non-Executive Director10.6yrsR392.00kno data
Mabotha Moloto
Independent Chairman10.3yrsR943.00k0.00097%
ZAR 70.4k
Oratile Mosetlhi
Lead Independent Non-Executive Director5.3yrsR700.00kno data
Gregory Heron
Independent Non-Executive Director5.3yrsR558.00kno data

5.3yrs

Average Tenure

49yo

Average Age

Experienced Board: SAC's board of directors are considered experienced (5.3 years average tenure).