Italtile Management
Management criteria checks 3/4
Italtile's CEO is Lance Foxcroft, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is ZAR18.53M, comprised of 24.2% salary and 75.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth ZAR68.16M. The average tenure of the management team and the board of directors is 0.9 years and 6.5 years respectively.
Key information
Lance Foxcroft
Chief executive officer
R18.5m
Total compensation
| CEO salary percentage | 24.2% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Shareholders May Be Wary Of Increasing Italtile Limited's (JSE:ITE) CEO Compensation Package
Nov 08
Many Would Be Envious Of Italtile's (JSE:ITE) Excellent Returns On Capital
Aug 17What Italtile Limited's (JSE:ITE) 27% Share Price Gain Is Not Telling You
Jul 05Italtile (JSE:ITE) Is Due To Pay A Dividend Of ZAR0.27
Feb 22Italtile Limited (JSE:ITE) Screens Well But There Might Be A Catch
Jan 26Investors Shouldn't Overlook The Favourable Returns On Capital At Italtile (JSE:ITE)
Dec 09Italtile's (JSE:ITE) Dividend Is Being Reduced To ZAR0.21
Aug 31Italtile (JSE:ITE) Seems To Use Debt Quite Sensibly
Apr 13Italtile (JSE:ITE) Is Reducing Its Dividend To ZAR0.32
Feb 16Calculating The Intrinsic Value Of Italtile Limited (JSE:ITE)
Sep 28Italtile (JSE:ITE) Has A Pretty Healthy Balance Sheet
Aug 31Capital Investment Trends At Italtile (JSE:ITE) Look Strong
Jul 23Calculating The Intrinsic Value Of Italtile Limited (JSE:ITE)
May 30Does Italtile (JSE:ITE) Have A Healthy Balance Sheet?
Apr 21Italtile's (JSE:ITE) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13Italtile (JSE:ITE) Might Become A Compounding Machine
Nov 17Is Italtile (JSE:ITE) Using Too Much Debt?
Aug 28Shareholders Are Optimistic That Italtile (JSE:ITE) Will Multiply In Value
Jul 09Here's What Italtile's (JSE:ITE) Strong Returns On Capital Mean
Apr 06Would Italtile Limited (JSE:ITE) Be Valuable To Income Investors?
Mar 19Read This Before Considering Italtile Limited (JSE:ITE) For Its Upcoming R0.31 Dividend
Feb 27Is Italtile (JSE:ITE) A Risky Investment?
Feb 22Shareholders Of Italtile (JSE:ITE) Must Be Happy With Their 80% Return
Feb 05
Italtile Limited's (JSE:ITE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 12The Returns At Italtile (JSE:ITE) Provide Us With Signs Of What's To Come
Dec 23What We Learned About Italtile's (JSE:ITE) CEO Pay
Dec 09Is Italtile Limited (JSE:ITE) A Good Fit For Your Dividend Portfolio?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | R19m | R4m | R1b |
| Mar 31 2024 | n/a | n/a | R1b |
| Dec 31 2023 | n/a | n/a | R1b |
| Sep 30 2023 | n/a | n/a | R2b |
| Jun 30 2023 | R23m | R4m | R2b |
| Mar 31 2023 | n/a | n/a | R2b |
| Dec 31 2022 | n/a | n/a | R2b |
| Sep 30 2022 | n/a | n/a | R2b |
| Jun 30 2022 | R22m | R4m | R2b |
| Mar 31 2022 | n/a | n/a | R2b |
| Dec 31 2021 | n/a | n/a | R2b |
| Sep 30 2021 | n/a | n/a | R2b |
| Jun 30 2021 | R18m | R3m | R2b |
| Mar 31 2021 | n/a | n/a | R1b |
| Dec 31 2020 | n/a | n/a | R1b |
| Sep 30 2020 | n/a | n/a | R1b |
| Jun 30 2020 | R15m | R3m | R964m |
| Mar 31 2020 | n/a | n/a | R1b |
| Dec 31 2019 | n/a | n/a | R1b |
| Sep 30 2019 | n/a | n/a | R1b |
| Jun 30 2019 | R15m | R3m | R1b |
| Mar 31 2019 | n/a | n/a | R1b |
| Dec 31 2018 | n/a | n/a | R1b |
| Sep 30 2018 | n/a | n/a | R1b |
| Jun 30 2018 | R15m | R3m | R1b |
Compensation vs Market: Lance's total compensation ($USD1.02M) is about average for companies of similar size in the ZA market ($USD1.08M).
Compensation vs Earnings: Lance's compensation has been consistent with company performance over the past year.
CEO
Lance Foxcroft (51 yo)
2.8yrs
Tenure
R18,528,000
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | R18.53m | 0.40% ZAR 68.2m | |
| COO & Executive Director | less than a year | R9.33m | 0.13% ZAR 21.3m | |
| Chief Executive Officer of Ceramic Industries | 1.5yrs | R6.08m | no data | |
| CFO & Executive Director | less than a year | no data | no data |
0.9yrs
Average Tenure
42yo
Average Age
Experienced Management: ITE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | R18.53m | 0.40% ZAR 68.2m | |
| COO & Executive Director | 11.5yrs | R9.33m | 0.13% ZAR 21.3m | |
| CFO & Executive Director | less than a year | no data | no data | |
| Founder & Non-Executive Director | 55.8yrs | R468.00k | no data | |
| Independent Non-Executive Director | 13.4yrs | R745.00k | no data | |
| Non-Executive Director | 10.3yrs | R370.00k | 0.24% ZAR 39.8m | |
| Lead Independent Non-Executive Director | 15.8yrs | R780.00k | 0.0024% ZAR 413.9k | |
| Independent Non-Executive Director | 6.5yrs | R528.00k | 0.059% ZAR 9.9m | |
| Non-Executive Chairman | 6.3yrs | R3.13m | no data | |
| Independent Non-Executive Director | 3.4yrs | R640.00k | no data | |
| Independent Non-Executive Director | 2.4yrs | R483.00k | no data |
6.5yrs
Average Tenure
51yo
Average Age
Experienced Board: ITE's board of directors are considered experienced (6.5 years average tenure).