Foschini Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Anthony Thunström

Chief executive officer

R24.4m

Total compensation

CEO salary percentage	62.4%
CEO tenure	6.2yrs
CEO ownership	n/a
Management average tenure	5.5yrs
Board average tenure	10.2yrs

Recent management updates

Recent updates

The Foschini Group Limited's (JSE:TFG) Share Price Not Quite Adding Up

Apr 13

Should You Think About Buying The Foschini Group Limited (JSE:TFG) Now?

Mar 29

CEO Compensation Analysis

How has Anthony Thunström's remuneration changed compared to Foschini Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	R3b
Jun 30 2024	n/a	n/a	R3b
Mar 31 2024	R24m	R15m	R3b
Dec 31 2023	n/a	n/a	R3b
Sep 30 2023	n/a	n/a	R3b
Jun 30 2023	n/a	n/a	R3b
Mar 31 2023	R32m	R14m	R3b
Dec 31 2022	n/a	n/a	R3b
Sep 30 2022	n/a	n/a	R3b
Jun 30 2022	n/a	n/a	R3b
Mar 31 2022	R21m	R8m	R3b
Dec 31 2021	n/a	n/a	R831m
Sep 30 2021	n/a	n/a	-R1b
Jun 30 2021	n/a	n/a	-R2b
Mar 31 2021	R57m	R8m	-R2b
Dec 31 2020	n/a	n/a	-R117m
Sep 30 2020	n/a	n/a	R2b
Jun 30 2020	n/a	n/a	R2b
Mar 31 2020	R19m	R8m	R2b
Dec 31 2019	n/a	n/a	R3b
Sep 30 2019	n/a	n/a	R3b
Jun 30 2019	n/a	n/a	R3b
Mar 31 2019	R29m	R6m	R3b
Dec 31 2018	n/a	n/a	R3b
Sep 30 2018	n/a	n/a	R3b
Jun 30 2018	n/a	n/a	R2b
Mar 31 2018	R17m	R4m	R2b

Compensation vs Market: Anthony's total compensation ($USD1.35M) is about average for companies of similar size in the ZA market ($USD1.51M).

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

CEO

Anthony Thunström (52 yo)

6.2yrs

Tenure

R24,411,500

Compensation

Mr. Anthony E. Thunström, BCom (Hons Acc), CA(SA), has been Executive Financial Director at The Foschini Group Limited from December 01, 2023 and serves as Chief Executive Officer at The Foschini Group Lim...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anthony Thunström	CEO, Member of Operating Board & Director	6.2yrs	R24.41m	no data
Ralph Buddle	CFO, Director & Member of Operating Board	less than a year	no data	no data
G. Naidoo	Group Director of Retail & Member of Operating Board	18.1yrs	no data	no data
Stuart Baird	Group Director of Retail & Member of Operating Board	no data	no data	no data
Senta Morley	Chief People & Culture Officer and Member of Operating Board	7.8yrs	no data	no data
Jane Fisher	Group Director of Financial Services & Member of Operating Board	no data	no data	no data
Jacques Kock	Group Director of Technology and Fulfilment & Member of Operating Board	3.8yrs	no data	no data
Selwyn Eagle	Managing Director of TFG Merchandise Procurement	no data	no data	no data
Brent Curry	Chief Information Officer of TFG Infotec	4.8yrs	no data	no data
Suzanne Annenberg	Managing Director of Exact	no data	no data	no data
Matthew Wilson	Chief Financial Officer of TFG London	no data	no data	no data
R. Kusel	Head of Internal Audit	no data	no data	no data

5.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: TFG's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anthony Thunström	CEO, Member of Operating Board & Director	9.3yrs	R24.41m	no data
Ralph Buddle	CFO, Director & Member of Operating Board	less than a year	no data	no data
Graham Davin	Lead Independent Non-Executive Director	9yrs	R965.80k	no data
Edwin Oblowitz	Independent Non-Executive Director	14.1yrs	R1.37m	0.00092% ZAR 516.3k
Nkululeko Sowazi	Independent Non-Executive Director	less than a year	R118.50k	no data
Ronald Stein	Independent Non-Executive Director	25.8yrs	R1.01m	0.081% ZAR 45.5m
Alexander Murray	Non-Executive Directors	17.6yrs	R2.20m	0.30% ZAR 168.0m
Michael Lewis	Independent Non-Executive Chairman	35.8yrs	R1.61m	0.56% ZAR 313.6m
Jan Potgieter	Independent Non-Executive Director	1.3yrs	R744.20k	no data
B. L. Makgabo-Fiskerstrand	Independent Non-Executive Director	12yrs	R830.10k	no data
David Friedland	Independent Non-Executive Director	11yrs	R849.30k	0.0077% ZAR 4.3m
Colin Coleman	Independent Non-Executive Director	4.8yrs	R751.80k	no data

10.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: TFG's board of directors are seasoned and experienced ( 10.2 years average tenure).

Foschini Group Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Non-Executive Director recently sold R748k worth of stock

The Foschini Group Limited Announces Board and Committee Changes

Independent Non-Executive Directors recently sold R10m worth of stock

The Foschini Group Limited, Annual General Meeting, Sep 05, 2024

Nomahlubi Simamane to Retire as Independent Non-Executive Director and Member of the Audit, Risk and Social & Ethics Committees of the Foschini Group Limited, effective September 5, 2024

Non-Executive Director recently sold R26b worth of stock

Recent updates

Independent Non-Executive Director recently sold R748k worth of stock

First half 2025 earnings released: EPS: R3.68 (vs R3.87 in 1H 2024)

First half dividend increased to R1.60

the Foschini Group Limited Declares Interim Gross Cash Dividend for the Six-Month Period Ended 30 September 2024, Payment Date Is 6 January 2025

The Foschini Group Limited Announces Board and Committee Changes

Price target increased by 9.6% to R143

Independent Non-Executive Directors recently sold R10m worth of stock

Full year 2024 earnings: EPS exceeds analyst expectations

The Foschini Group Limited, Annual General Meeting, Sep 05, 2024

Upcoming dividend of R2.00 per share

Nomahlubi Simamane to Retire as Independent Non-Executive Director and Member of the Audit, Risk and Social & Ethics Committees of the Foschini Group Limited, effective September 5, 2024

Non-Executive Director recently sold R26b worth of stock

Independent Non-Executive Chairman recently sold R39m worth of stock

Investor sentiment improves as stock rises 15%

Final dividend of R2.00 announced

Full year 2024 earnings: EPS exceeds analyst expectations

The Foschini Group Limited's (JSE:TFG) Share Price Not Quite Adding Up

Should You Think About Buying The Foschini Group Limited (JSE:TFG) Now?

The Foschini Group Limited Announces CFO Changes

Price target increased by 7.1% to R126

Upcoming dividend of R1.50 per share at 2.8% yield

First half 2024 earnings released: EPS: R3.87 (vs R4.62 in 1H 2023)

The Foschini Group Limited Declares Interim Dividend for the Six-Month Period Ended 30 September 2023, Payable on 8 January 2024

The Foschini Group Limited Announces Resignation of Bongiwe Ntuli as Executive Director, Effective 30 November 2023

The Foschini Group Limited Announces Resignation of Bongiwe Ntuli as Executive Director, Effective 30 November 2023

The Foschini Group Limited to Report First Half, 2024 Results on Nov 10, 2023

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of R1.50 per share at 3.3% yield

The Foschini Group Limited Appoints Jan Potgieter and Nkululeko Sowazi as Independent Non-Executive Directors, Effective 10 July 2023 and 1 January 2024 Respectively

Consensus EPS estimates fall by 14%

New major risk - Dividend sustainability

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of R1.70 per share

TFG Reportedly Weighs Bid for British Retailer Joules

Insufficient new directors

First half 2023 earnings released: EPS: R4.62 (vs R3.20 in 1H 2022)

The Foschini Group Limited to Report First Half, 2023 Results on Nov 11, 2022

Upcoming dividend of R3.30 per share

Insufficient new directors

The Foschini Group Limited to Report Fiscal Year 2022 Results on Jun 09, 2022

Insufficient new directors

Upcoming dividend of R1.70 per share

The Foschini Group Limited (JSE:TFG) completed the acquisition of Quench Delivery PTY LTD.

The Foschini Group Limited (JSE:TFG) agreed to acquire Quench Delivery PTY LTD.

First half 2022 earnings released: EPS R3.20 (vs R1.62 in 1H 2021)

Independent Non-Executive Director Samuel Abrahams has left the company

Independent Non-Executive Director recently sold R545k worth of stock

Price target increased to R163

Full year 2021 earnings released: R6.14 loss per share (vs R10.56 profit in FY 2020)

Full year 2021 earnings released: R6.14 loss per share (vs R10.56 profit in FY 2020)

Price target increased to R140

Investor sentiment improved over the past week

New 90-day high: R117

New 90-day high: R111

Analysts update estimates

Analysts increase EPS estimates to R2.75

New 90-day high: R100

Price target raised to R95.35

First half 2021 earnings released: EPS R1.62

Revenue and earnings miss expectations

The Foschini Group Limited Declares No Interim Dividend for the Six Months Ended September 30, 2020

Price target raised to R87.01

New 90-day high: R91.85

Analysts increase EPS estimates to R2.13

The Foschini Group Limited (JSE:TFG) completed the acquisition of commercially viable South African stores and selected assets of Edcon Limited.

Analysts update estimates

New 90-day high - R86.59

Underlying clients of Allan Gray Proprietary Limited acquired an unknown additional stake in The Foschini Group Limited (JSE:TFG).

Public Investment Corporation Limited acquired an additional stake in The Foschini Group Limited (JSE:TFG).