FirstRand Management
Management criteria checks 4/4
FirstRand's CEO is Mary Vilakazi, appointed in Jul 2018, has a tenure of 5.83 years. total yearly compensation is ZAR35.39M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ZAR13.48M. The average tenure of the management team and the board of directors is 8.1 years and 5.5 years respectively.
Key information
Mary Vilakazi
Chief executive officer
R35.4m
Total compensation
CEO salary percentage | 22.8% |
CEO tenure | 5.8yrs |
CEO ownership | 0.004% |
Management average tenure | 8.1yrs |
Board average tenure | 5.5yrs |
Recent management updates
Recent updates
FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00
Mar 03Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors
Jan 12FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders
Nov 24FirstRand (JSE:FSR) Ticks All The Boxes When It Comes To Earnings Growth
Sep 02With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case
May 16Shareholders Will Most Likely Find FirstRand Limited's (JSE:FSR) CEO Compensation Acceptable
Nov 25Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today
Nov 03FirstRand (JSE:FSR) Is Paying Out A Larger Dividend Than Last Year
Oct 04FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR4.67
Sep 19CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | R38b |
Sep 30 2023 | n/a | n/a | R37b |
Jun 30 2023 | R35m | R8m | R36b |
Mar 31 2023 | n/a | n/a | R36b |
Dec 31 2022 | n/a | n/a | R35b |
Sep 30 2022 | n/a | n/a | R34b |
Jun 30 2022 | R33m | R8m | R33b |
Mar 31 2022 | n/a | n/a | R32b |
Dec 31 2021 | n/a | n/a | R31b |
Sep 30 2021 | n/a | n/a | R29b |
Jun 30 2021 | R27m | R7m | R27b |
Mar 31 2021 | n/a | n/a | R20b |
Dec 31 2020 | n/a | n/a | R14b |
Sep 30 2020 | n/a | n/a | R16b |
Jun 30 2020 | R24m | R7m | R17b |
Mar 31 2020 | n/a | n/a | R23b |
Dec 31 2019 | n/a | n/a | R28b |
Sep 30 2019 | n/a | n/a | R29b |
Jun 30 2019 | R25m | R6m | R30b |
Compensation vs Market: Mary's total compensation ($USD1.95M) is below average for companies of similar size in the ZA market ($USD2.92M).
Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.
CEO
Mary Vilakazi (45 yo)
5.8yrs
Tenure
R35,385,000
Compensation
Ms. Mary Vilakazi, BCom (Hons), HDip Auditing, CA(SA) serves as Non-Executive Director at Aldermore Group since April 2024. She serves as Non-Executive Director at Aldermore Bank PLC since April 2024. She...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, COO & Executive Director | 5.8yrs | R35.39m | 0.0035% ZAR 13.5m | |
CFO, Executive Financial Director & Director | 10.3yrs | R38.65m | 0.031% ZAR 119.5m | |
Chief Executive Officer of FNB | 10.6yrs | R44.58m | 0.015% ZAR 58.8m | |
Chief Executive Officer Aldermore | no data | R60.47m | 0.00062% ZAR 2.4m | |
Chief Executive Officer of RMB | 1.6yrs | R41.14m | 0.012% ZAR 45.5m | |
Chief Information Officer and Chief Executive Officer of FNB Smart Solutions | no data | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Head of Governance | 10.3yrs | no data | no data | |
Chief People Officer | 2.6yrs | no data | no data | |
Head of Group Enterprise Risk Management | no data | no data | no data | |
Group Head of Finance | 10.7yrs | no data | no data | |
Chief Digital officer | 5.9yrs | no data | no data |
8.1yrs
Average Tenure
52yo
Average Age
Experienced Management: FSR's management team is seasoned and experienced (8.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, COO & Executive Director | 5.8yrs | R35.39m | 0.0035% ZAR 13.5m | |
CFO, Executive Financial Director & Director | 10.3yrs | R38.65m | 0.031% ZAR 119.5m | |
Independent Non-Executive Director | 4.1yrs | R3.20m | 0.012% ZAR 45.3m | |
Independent Non-Executive Director | 5.3yrs | R3.41m | 0.00014% ZAR 539.2k | |
Independent Non-Executive Chairman | 15.3yrs | R3.22m | no data | |
Independent Non-Executive Director | 11.3yrs | R4.37m | 0.0018% ZAR 7.0m | |
Independent Non Executive Director | 6.1yrs | R3.06m | 0.00027% ZAR 1.0m | |
Independent Non-Executive Director | less than a year | no data | 0.000070% ZAR 269.6k | |
Lead Independent Non-Executive Director | 3.1yrs | R2.71m | no data | |
Independent Non-Executive Director | 2.1yrs | R1.16m | no data |
5.5yrs
Average Tenure
61yo
Average Age
Experienced Board: FSR's board of directors are considered experienced (5.5 years average tenure).