Rex Trueform Group Limited

JSE:RTN Stock Report

Market Cap: R287.9m

Rex Trueform Group Management

Management criteria checks 4/4

Rex Trueform Group's CEO is Marcel Jonathan Golding, appointed in Aug 2022, has a tenure of 1.75 years. total yearly compensation is ZAR533.50K, comprised of 91.7% salary and 8.3% bonuses, including company stock and options. directly owns 4.76% of the company’s shares, worth ZAR13.70M. The average tenure of the management team and the board of directors is 2 years and 6.5 years respectively.

Key information

Marcel Jonathan Golding

Chief executive officer

R533.5k

Total compensation

CEO salary percentage91.7%
CEO tenure1.8yrs
CEO ownership4.8%
Management average tenure2yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Rex Trueform Group's (JSE:RTN) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 03
Rex Trueform Group's (JSE:RTN) Shareholders Have More To Worry About Than Only Soft Earnings

There Is A Reason Rex Trueform Group Limited's (JSE:RTN) Price Is Undemanding

Feb 20
There Is A Reason Rex Trueform Group Limited's (JSE:RTN) Price Is Undemanding

Should You Be Adding Rex Trueform Group (JSE:RTN) To Your Watchlist Today?

Mar 24
Should You Be Adding Rex Trueform Group (JSE:RTN) To Your Watchlist Today?

Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet

Nov 22
Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet

Estimating The Intrinsic Value Of Rex Trueform Group Limited (JSE:RTN)

Oct 01
Estimating The Intrinsic Value Of Rex Trueform Group Limited (JSE:RTN)

Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?

Mar 29
Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?

CEO Compensation Analysis

How has Marcel Jonathan Golding's remuneration changed compared to Rex Trueform Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

R50m

Sep 30 2023n/an/a

R68m

Jun 30 2023R533kR489k

R86m

Mar 31 2023n/an/a

R91m

Dec 31 2022n/an/a

R92m

Sep 30 2022n/an/a

R76m

Jun 30 2022R466kn/a

R59m

Mar 31 2022n/an/a

R50m

Dec 31 2021n/an/a

R47m

Sep 30 2021n/an/a

R35m

Jun 30 2021R536kn/a

R23m

Dec 31 2020n/an/a

-R90m

Sep 30 2020n/an/a

-R81m

Jun 30 2020R396kn/a

-R73m

Mar 31 2020n/an/a

-R25m

Dec 31 2019n/an/a

R23m

Sep 30 2019n/an/a

R33m

Jun 30 2019R424kn/a

R43m

Mar 31 2019n/an/a

R42m

Dec 31 2018n/an/a

R42m

Sep 30 2018n/an/a

R27m

Jun 30 2018R383kn/a

R13m

Mar 31 2018n/an/a

R10m

Dec 31 2017n/an/a

R7m

Sep 30 2017n/an/a

R5m

Jun 30 2017R337kn/a

R3m

Compensation vs Market: Marcel Jonathan's total compensation ($USD28.57K) is below average for companies of similar size in the ZA market ($USD326.11K).

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


CEO

Marcel Jonathan Golding (63 yo)

1.8yrs

Tenure

R533,499

Compensation

Mr. Marcel Jonathan Anthony Golding is Co-owner of Geomer Investments (Pty) Ltd. He is Chief Executive Officer of African and Overseas Enterprises Limited since September 3, 2018. He is Co-Owner at Circumf...


Leadership Team

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director1.8yrsR533.50k4.76%
ZAR 13.7m
Damien Franklin
CFO & Executive Director6yrsR1.90m0.36%
ZAR 1.0m
Catherine Lloyd
Executive Director2.3yrsno data0.51%
ZAR 1.5m
Willem Nel
Technical Financial Officerno datano datano data
Anton Prinsloo
Executive Officer of Operationsno datano datano data
Sandrien Melck
Human Resources Managerno datano datano data
Catherine Elizabeth Radowsky
Chief Executive Officer of Queenspark Proprietary Limitedno datano datano data
Anita Gihwala
Company Secretaryless than a yearno datano data
Matthew Mueller
Executive Officer of Information Technologyno datano datano data

2.0yrs

Average Tenure

59yo

Average Age

Experienced Management: RTN's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcel Jonathan Golding
CEO & Director7.7yrsR533.50k4.76%
ZAR 13.7m
Damien Franklin
CFO & Executive Director6yrsR1.90m0.36%
ZAR 1.0m
Catherine Lloyd
Executive Director5.2yrsno data0.51%
ZAR 1.5m
Patrick Naylor
Chairman & Lead Independent Non-Executive Director21.3yrsR319.00kno data
Hugh Roberts
Independent Non-Executive Director6.5yrsR247.00kno data
Bulelwa Ntshingwa
Independent Non-Executive Directorless than a yearno datano data
Masedi Molosiwa
Independent Non-Executive Director6.5yrsR162.00kno data

6.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: RTN's board of directors are considered experienced (6.5 years average tenure).


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