Italtile Limited

JSE:ITE Stock Report

Mkt Cap: R17.5b

Italtile Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure

CEO

Lance Foxcroft (49 yo)

1.08yrs

Tenure

R21,824,000

Compensation

Mr. Lance Andrew Foxcroft, BSc Eng (Physical Metallurgy), BCom Hons (IT) serves as Chief Executive Officer at Italtile Limited and serves as its director since January 01, 2022. He was Chief Executive Offi...

CEO Compensation Analysis

How has Lance Foxcroft's remuneration changed compared to Italtile's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022R22mR4m

R2b

Mar 31 2022n/an/a

R2b

Dec 31 2021n/an/a

R2b

Sep 30 2021n/an/a

R2b

Jun 30 2021R18mR3m

R2b

Mar 31 2021n/an/a

R1b

Dec 31 2020n/an/a

R1b

Sep 30 2020n/an/a

R1b

Jun 30 2020R15mR3m

R964m

Mar 31 2020n/an/a

R1b

Dec 31 2019n/an/a

R1b

Sep 30 2019n/an/a

R1b

Jun 30 2019R15mR3m

R1b

Mar 31 2019n/an/a

R1b

Dec 31 2018n/an/a

R1b

Sep 30 2018n/an/a

R1b

Jun 30 2018R15mR3m

R1b

Compensation vs Market: Lance's total compensation ($USD1.28M) is about average for companies of similar size in the ZA market ($USD1.04M).

Compensation vs Earnings: Lance's compensation has increased by more than 20% in the past year.

Leadership Team

NamePositionTenureCompensationOwnership
Lance Foxcroft
CEO & Director1.08yrsR21.82m0.40%
ZAR 69.1m
Brandon Wood
CFO & Executive Director2.67yrsR12.55m0.14%
ZAR 25.1m
Tshepo Molefakgotla
Chief Executive Officer of Ceramic Industries1.58yrsR10.79mno data
E. Willis
Company Secretaryno datano datano data

1.6yrs

Average Tenure

Experienced Management: ITE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Lance Foxcroft
CEO & Director1.08yrsR21.82m0.40%
ZAR 69.1m
Brandon Wood
CFO & Executive Director9.75yrsR12.55m0.14%
ZAR 25.1m
Giovanni Alberto Ravazzotti
Non-Executive Chairman54.08yrsR1.82mno data
Sybrand Pretorius
Independent Non-Executive Director11.67yrsR697.00kno data
Jan Potgieter
Non-Executive Director8.5yrsR14.86m0.35%
ZAR 60.4m
Susan du Toit
Lead Independent Non-Executive Director14.08yrsR920.00kno data
Nkateko Khoza
Independent Non-Executive Director4.75yrsR435.00k0.057%
ZAR 10.0m
Luciana Langenhoven
Non-Executive Deputy Chairman4.5yrsR400.00kno data
Lushane Prezens
Independent Non-Executive Director1.67yrsR279.00kno data
Alex Mathole
Independent Non-Executive Director0.67yrno datano data

6.6yrs

Average Tenure

49yo

Average Age

Experienced Board: ITE's board of directors are considered experienced (6.6 years average tenure).