Vukile Property Fund Limited

JSE:VKE Stock Report

Market Cap: R19.6b

Vukile Property Fund Management

Management criteria checks 4/4

Vukile Property Fund's CEO is Laurence Rapp, appointed in Aug 2011, has a tenure of 13.25 years. total yearly compensation is ZAR21.13M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth ZAR72.04M. The average tenure of the management team and the board of directors is 5.3 years and 4.3 years respectively.

Key information

Laurence Rapp

Chief executive officer

R21.1m

Total compensation

CEO salary percentage27.3%
CEO tenure13.3yrs
CEO ownership0.4%
Management average tenure5.3yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Here's Why Shareholders Should Examine Vukile Property Fund Limited's (JSE:VKE) CEO Compensation Package More Closely

Jan 24
Here's Why Shareholders Should Examine Vukile Property Fund Limited's (JSE:VKE) CEO Compensation Package More Closely

Vukile Property Fund Limited's (JSE:VKE) CEO Might Not Expect Shareholders To Be So Generous This Year

Aug 24
Vukile Property Fund Limited's (JSE:VKE) CEO Might Not Expect Shareholders To Be So Generous This Year

What You Need To Know About Vukile Property Fund Limited's (JSE:VKE) Investor Composition

Mar 19
What You Need To Know About Vukile Property Fund Limited's (JSE:VKE) Investor Composition

Have Insiders Been Buying Vukile Property Fund Limited (JSE:VKE) Shares This Year?

Feb 10
Have Insiders Been Buying Vukile Property Fund Limited (JSE:VKE) Shares This Year?

Would Shareholders Who Purchased Vukile Property Fund's (JSE:VKE) Stock Three Years Be Happy With The Share price Today?

Jan 04
Would Shareholders Who Purchased Vukile Property Fund's (JSE:VKE) Stock Three Years Be Happy With The Share price Today?

What You Need To Know About Vukile Property Fund Limited's (JSE:VKE) Investor Composition

Dec 07
What You Need To Know About Vukile Property Fund Limited's (JSE:VKE) Investor Composition

CEO Compensation Analysis

How has Laurence Rapp's remuneration changed compared to Vukile Property Fund's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024R21mR6m

R2b

Dec 31 2023n/an/a

R2b

Sep 30 2023n/an/a

R2b

Jun 30 2023n/an/a

R2b

Mar 31 2023R19mR5m

R2b

Dec 31 2022n/an/a

R2b

Sep 30 2022n/an/a

R2b

Jun 30 2022n/an/a

R2b

Mar 31 2022R22mR5m

R2b

Dec 31 2021n/an/a

R2b

Sep 30 2021n/an/a

R2b

Jun 30 2021n/an/a

R1b

Mar 31 2021R14mR5m

R584m

Dec 31 2020n/an/a

-R277m

Sep 30 2020n/an/a

-R1b

Jun 30 2020n/an/a

-R621m

Mar 31 2020R21mR5m

-R103m

Dec 31 2019n/an/a

R802m

Sep 30 2019n/an/a

R2b

Jun 30 2019n/an/a

R2b

Mar 31 2019R20mR5m

R2b

Dec 31 2018n/an/a

R2b

Sep 30 2018n/an/a

R2b

Jun 30 2018n/an/a

R2b

Mar 31 2018R18mR4m

R2b

Compensation vs Market: Laurence's total compensation ($USD1.17M) is about average for companies of similar size in the ZA market ($USD1.08M).

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

CEO

Laurence Rapp (53 yo)

13.3yrs

Tenure

R21,133,908

Compensation

Mr. Laurence Gary Rapp, B Com (Hons), has been the Chief Executive Officer of Vukile Property Fund Limited since August 1, 2011. Mr. Rapp has been Executive Director at Vukile Property Fund Limited since A...

Leadership Team

NamePositionTenureCompensationOwnership
Laurence Rapp
CEO & Executive Director13.3yrsR21.13m0.36%
ZAR 70.9m
Laurence Cohen
CFO and Director of Transformation & Vukile Development Academy5.3yrsR12.18m0.22%
ZAR 43.4m
Itumeleng Mothibeli
MD of Southern Africa & Executive Director5.3yrsR8.76m0.15%
ZAR 30.0m
Lizelle Pottas
Financial Director & Directorless than a yearR464.63kno data
Marijke Coetzee
Director of Marketing & Communicationsno datano datano data
Johann Neethling
Director of Corporate Services & Group Company Secretary14.4yrsno datano data
Maurice Shapiro
Group Head of Treasury & Listed Investmentsno datano datano data
F. Rootman
Asset Managerno dataR908.41kno data
Bonnie Olivier
Senior Manager of Salesno datano datano data

5.3yrs

Average Tenure

50yo

Average Age

Experienced Management: VKE's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Laurence Rapp
CEO & Executive Director13.3yrsR21.13m0.36%
ZAR 70.9m
Itumeleng Mothibeli
MD of Southern Africa & Executive Director5.3yrsR8.76m0.15%
ZAR 30.0m
Lizelle Pottas
Financial Director & Directorless than a yearR464.63kno data
Jon Zehner
Independent Non-Executive Director1.2yrsR271.28kno data
Renosi Mokate
Lead Independent Director10.9yrsR1.03mno data
Stefanes Booysen
Independent Non Executive Director12.7yrsR996.05kno data
Nigel George Payne
Independent Chairman12.7yrsR1.23mno data
Benjamin Kodisang
Non-Executive Director1.6yrsR594.50kno data
Neo Dongwana
Independent Non-Executive Directorless than a yearno datano data
Gabaiphiwe Moseneke
Non-Executive Director11.3yrsR594.50k0.13%
ZAR 26.2m
James Formby
Independent Non-Executive Director1.2yrsR357.98k0.0039%
ZAR 762.6k
Audrey Matshidiso Shalang Mokgabudi
Independent Non-Executive Director3.3yrsR589.55kno data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: VKE's board of directors are considered experienced (4.3 years average tenure).