Grindrod Management

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

2.6yrs

Average management tenure


CEO

Andrew Waller (59 yo)

11.67yrs

Tenure

R15,888,000

Compensation

Mr. Andrew Geard Waller, CA (SA), serves as Group Chief Executive Officer at Grindrod Ltd. since September 1, 2018 and has been its Executive Director since March 1, 2011. Mr. Waller had been Chief Financi...


CEO Compensation Analysis

How has Andrew Waller's remuneration changed compared to Grindrod's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

R985m

Mar 31 2022n/an/a

R580m

Dec 31 2021R16mR6m

R176m

Sep 30 2021n/an/a

-R213m

Jun 30 2021n/an/a

-R601m

Mar 31 2021n/an/a

-R508m

Dec 31 2020R11mR6m

-R415m

Sep 30 2020n/an/a

-R707m

Jun 30 2020n/an/a

-R999m

Mar 31 2020n/an/a

-R808m

Dec 31 2019R11mR6m

-R616m

Sep 30 2019n/an/a

-R36m

Jun 30 2019n/an/a

R543m

Mar 31 2019n/an/a

R261m

Dec 31 2018R9mR5m

-R20m

Sep 30 2018n/an/a

-R40m

Jun 30 2018n/an/a

-R114m

Mar 31 2018n/an/a

R266m

Dec 31 2017R7mR4m

R646m

Jun 30 2017n/an/a

R2b

Mar 31 2017n/an/a

R876m

Dec 31 2016R5mR4m

R144m

Sep 30 2016n/an/a

-R2b

Jun 30 2016n/an/a

-R3b

Mar 31 2016n/an/a

-R2b

Dec 31 2015R5mR4m

-R1b

Compensation vs Market: Andrew's total compensation ($USD933.75K) is above average for companies of similar size in the ZA market ($USD689.51K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Waller
Group CEO & Executive Director4.17yrsR15.89m0.23%
ZAR 15.6m
Fathima Ally
CFO & Finance Director2.17yrsR7.18mno data
David Polkinghorne
Executive Director & CEO of Grindrod Bank Limitedno dataR10.88m0.064%
ZAR 4.4m
Xolani Mbambo
CEO of Grindrod Freight Services2.83yrsR11.72mno data
Alison Briggs
Public Relations & Marketing Managerno datano datano data
Vicky Commaille
Group Company Secretary2.42yrsno datano data
David White
Legal Advisorno dataR48.00kno data

2.6yrs

Average Tenure

58yo

Average Age

Experienced Management: GND's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Waller
Group CEO & Executive Director11.67yrsR15.89m0.23%
ZAR 15.6m
David Polkinghorne
Executive Director & CEO of Grindrod Bank Limited16yrsR10.88m0.064%
ZAR 4.4m
Xolani Mbambo
CEO of Grindrod Freight Services4.17yrsR11.72mno data
Petrus Johannes Uys
Independent Non-Executive Director6.5yrsR1.07mno data
Michael John Hankinson
Non-Executive Chairman12.92yrsR1.86m0.0057%
ZAR 393.5k
Nkululeko Sowazi
Lead Independent Non-Executive Director8.75yrsR1.24mno data
Bennetor Magara
Independent Non-Executive Director2.83yrsR505.00kno data
Grant Gelink
Independent Non-Executive Director9.83yrsR784.00kno data
Willem Van Wyk
Independent Non-Executive Directorno dataR163.00kno data
Zimkhitha Zatu
Independent Non-Executive Director2.83yrsR634.00kno data
Walter Grindrod
Non-executive Director3.25yrsR676.00k0.0035%
ZAR 243.1k
Deepak Malik
Independent Non-Executive Director0.92yrR47.00kno data

6.5yrs

Average Tenure

57yo

Average Age

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