Grindrod Limited

JSE:GNDP Stock Report

Market Cap: R7.7b

Grindrod Management

Management criteria checks 4/4

Grindrod's CEO is Xolani Mbambo, appointed in Jan 2023, has a tenure of 2.33 years. total yearly compensation is ZAR13.83M, comprised of 51.8% salary and 48.2% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth ZAR989.29K. The average tenure of the management team and the board of directors is 4.7 years and 5 years respectively.

Key information

Xolani Mbambo

Chief executive officer

R13.8m

Total compensation

CEO salary percentage51.8%
CEO tenure2.3yrs
CEO ownership0.01%
Management average tenure4.7yrs
Board average tenure5yrs

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 2024R14mR7m

R314m

Sep 30 2024n/an/a

R672m

Jun 30 2024n/an/a

R1b

Mar 31 2024n/an/a

R1b

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 ($USD751.39K) is about average for companies of similar size in the ZA market ($USD1.04M).

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

CEO

Xolani Mbambo (48 yo)

2.3yrs

Tenure

R13,826,000

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 & Director2.3yrsR13.83m0.013%
ZAR 989.3k
Fathima Ally
CFO & Executive Director4.7yrsR7.71mno data
Alison Briggs
Public Relations & Marketing Managerno datano datano data
Vicky Commaille
Group Company Secretary4.9yrsno datano data

4.7yrs

Average Tenure

Experienced Management: GNDP's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Xolani Mbambo
CEO & Director6.7yrsR13.83m0.013%
ZAR 989.3k
Fathima Ally
CFO & Executive Director4.7yrsR7.71mno data
Cheryl Carolus
Independent Non Executive Chairman3.6yrsR1.94mno data
Nkululeko Sowazi
Lead Independent Non-Executive Director11.3yrsR1.49mno data
Andile Khumalo
Independent Non-Executive Directorless than a yearR81.00kno data
Zimkhitha Phaphama Moloi
Independent Non-Executive Director5.3yrsR926.00kno data
Walter Grindrod
Non-Executive Director5.8yrsR915.00k0.0032%
ZAR 250.8k
Deepak Malik
Independent Non-Executive Director3.4yrsR875.00kno data

5.0yrs

Average Tenure

51.5yo

Average Age

Experienced Board: GNDP's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 21:09
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grindrod Limited is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mpho MokotsoAvior Capital Markets
Kenneth HearnBarclays
Brent MadelBPI Capital Africa (Proprietary), Limited