Texton Property Fund Limited

JSE:TEX Stock Report

Market Cap: R888.7m

Texton Property Fund Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

H. S. Welleman

Chief executive officer

R4.1m

Total compensation

CEO salary percentage99.3%
CEO tenure3.8yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure5.6yrs

Recent management updates

Recent updates

Here's Why We Think Texton Property Fund (JSE:TEX) Is Well Worth Watching

Mar 08
Here's Why We Think Texton Property Fund (JSE:TEX) Is Well Worth Watching

CEO Compensation Analysis

How has H. S. Welleman's remuneration changed compared to Texton Property Fund's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-R63m

Sep 30 2023n/an/a

-R39m

Jun 30 2023R4mR4m

-R14m

Mar 31 2023n/an/a

R30m

Dec 31 2022n/an/a

R74m

Sep 30 2022n/an/a

R56m

Jun 30 2022R3mR3m

R38m

Mar 31 2022n/an/a

R45m

Dec 31 2021n/an/a

R52m

Sep 30 2021n/an/a

R127m

Jun 30 2021R3mR3m

R202m

Mar 31 2021n/an/a

R57m

Dec 31 2020n/an/a

-R87m

Sep 30 2020n/an/a

-R109m

Jun 30 2020R2mR1m

-R131m

Compensation vs Market: H. S.'s total compensation ($USD222.32K) is below average for companies of similar size in the ZA market ($USD328.66K).

Compensation vs Earnings: H. S.'s compensation has increased whilst the company is unprofitable.


CEO

H. S. Welleman (35 yo)

3.8yrs

Tenure

R4,128,000

Compensation

Mr. H. S. Pienaar Welleman serves as Part-Time Financial Director at Texton Property Fund Limited since March 2024 and is its Chief Executive Officer & Executive Director since November 22, 2020 and served...


Board Members

NamePositionTenureCompensationOwnership
H. S. Welleman
Part-Time Financial Director3.5yrsR4.13mno data
Marcel Jonathan Golding
Non-Executive Chairman6yrsR442.00k0.36%
ZAR 3.2m
John Macey
Lead Independent Non-Executive Director12.7yrsR416.00k0.016%
ZAR 143.5k
Wayne van der Vent
Independent Non-Executive Director4.5yrsR286.00kno data
Shelley Thomas
Independent Non-Executive Director5.6yrsR312.00kno data
Andrew Hannington
Independent Non-Executive Director5.7yrsR338.00kno data
Robert Franco
Non-Executive Director4.5yrsno data13.72%
ZAR 121.9m

5.6yrs

Average Tenure

58yo

Average Age

Experienced Board: TEX's board of directors are considered experienced (5.6 years average tenure).


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