Grindrod Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Xolani Mbambo

Chief executive officer

R24.3m

Total compensation

CEO salary percentage26.8%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure3.6yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Xolani Mbambo's remuneration changed compared to Grindrod's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023R24mR7m

R988m

Sep 30 2023n/an/a

R953m

Jun 30 2023n/an/a

R919m

Mar 31 2023n/an/a

R847m

Dec 31 2022R12mR5m

R776m

Jun 30 2022n/an/a

R785m

Mar 31 2022n/an/a

R422m

Dec 31 2021R12mR4m

R59m

Sep 30 2021n/an/a

-R213m

Jun 30 2021n/an/a

-R601m

Mar 31 2021n/an/a

-R508m

Dec 31 2020R9mR4m

-R415m

Sep 30 2020n/an/a

-R707m

Jun 30 2020n/an/a

-R999m

Mar 31 2020n/an/a

-R808m

Dec 31 2019R8mR4m

-R616m

Sep 30 2019n/an/a

-R36m

Jun 30 2019n/an/a

R543m

Mar 31 2019n/an/a

R261m

Dec 31 2018R5mR2m

-R20m

Compensation vs Market: Xolani's total compensation ($USD1.26M) is above average for companies of similar size in the ZA market ($USD944.03K).

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


CEO

Xolani Mbambo (48 yo)

1.3yrs

Tenure

R24,272,000

Compensation

Mr. Xolani Mbambo, CA (SA) serves as Chief Executive Officer at Grindrod Limited since January 1, 2023 and its Executive Director and was its Chief Executive Officer since 15 February 2021 until January 1,...


Leadership Team

NamePositionTenureCompensationOwnership
Xolani Mbambo
CEO & Director1.3yrsR24.27mno data
Fathima Ally
CFO & Executive Director3.6yrsR13.18mno data
Alison Briggs
Public Relations & Marketing Managerno datano datano data
Vicky Commaille
Group Company Secretary3.8yrsno datano data

3.6yrs

Average Tenure

Experienced Management: GND's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xolani Mbambo
CEO & Director5.6yrsR24.27mno data
Fathima Ally
CFO & Executive Director3.6yrsR13.18mno data
Cheryl Carolus
Independent Non Executive Chairman2.5yrsR1.83mno data
Nkululeko Sowazi
Lead Independent Non-Executive Director10.2yrsR1.36mno data
Bennetor Magara
Independent Non-Executive Director4.3yrsR821.00kno data
Zimkhitha Moloi
Independent Non-Executive Director4.3yrsR805.00kno data
Walter Grindrod
Non-Executive Director4.7yrsR863.00k0.45%
ZAR 39.3m
Deepak Malik
Independent Non-Executive Director2.3yrsR825.00kno data

4.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: GND's board of directors are considered experienced (4.3 years average tenure).


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