Company Directors Report
COMPANY: GRINDROD
-The primariy analysis is in USD. Remuneration is also shown in ZAR to accurately reflect felt increases.
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CEO Biography - USD:
| Year End: | Director Surname: | Director Name: | Director Gender: | Full Year on Board?: | Full year in position?: |
|
2008 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2009 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2010 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2011 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2012 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2013 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2014 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2015 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2016 |
Olivier |
Alan K |
Male |
Yes |
Yes |
|
2017 |
Olivier |
Alan K |
Male |
No |
No |
|
2018 |
Waller |
Andrew G |
Male |
Yes |
Yes |
|
2019 |
Waller |
Andrew G |
Male |
Yes |
Yes |
|
2020 |
Waller |
Andrew G |
Male |
Yes |
Yes |
|
2021 |
Waller |
Andrew G |
Male |
Yes |
Yes |
|
2023 |
Mbambo |
Xolani |
Male |
Yes |
Yes |
CEO Remuneration - USD:
| Financial Year: | Salary: | Benefits: | Cash Bonus | Other: | Total Annual: | LTI Payment: | Total Including LTI: |
|
2008 |
323,216 |
107,255 |
448,126 |
0 |
878,597 |
0 |
878,597 |
|
2009 |
533,326 |
32,626 |
502,680 |
0 |
1,068,632 |
240,154 |
1,308,786 |
|
2010 |
750,828 |
35,575 |
555,956 |
0 |
1,342,359 |
0 |
1,342,359 |
|
2011 |
639,612 |
161,634 |
608,172 |
0 |
1,409,418 |
3,186 |
1,412,604 |
|
2012 |
642,561 |
154,634 |
785,366 |
0 |
1,582,561 |
627,927 |
2,210,488 |
|
2013 |
572,604 |
141,458 |
681,875 |
0 |
1,395,938 |
0 |
1,395,938 |
|
2014 |
539,982 |
140,074 |
340,443 |
0 |
1,020,499 |
625,624 |
1,646,123 |
|
2015 |
475,392 |
130,251 |
136,050 |
0 |
741,693 |
160,110 |
901,803 |
|
2016 |
475,218 |
129,215 |
78,997 |
0 |
683,430 |
0 |
683,430 |
|
2017 |
304,035 |
70,726 |
718,635 |
0 |
1,093,397 |
0 |
1,093,397 |
|
2018 |
348,104 |
63,532 |
249,431 |
0 |
661,067 |
0 |
661,067 |
|
2019 |
409,743 |
73,245 |
262,075 |
0 |
745,063 |
0 |
745,063 |
|
2020 |
421,120 |
76,232 |
241,368 |
0 |
738,719 |
0 |
738,719 |
|
2021 |
397,822 |
92,013 |
510,101 |
0 |
999,937 |
0 |
999,937 |
|
2023 |
348,471 |
0 |
421,571 |
90,666 |
860,708 |
0 |
860,708 |
Executive Director Remuneration - USD:
| Financial Year: | No. of EDs: | Total Salary: | Cash Bonus | Other: | Total Annual: |
|
2008 |
7 |
1,643,289 |
4,147,129 |
234,756 |
592,447 |
|
2009 |
7 |
2,036,705 |
4,528,199 |
290,958 |
646,886 |
|
2010 |
7 |
2,564,597 |
6,258,246 |
366,371 |
894,035 |
|
2011 |
9 |
3,015,097 |
5,995,953 |
335,011 |
666,217 |
|
2012 |
9 |
3,000,488 |
6,708,780 |
333,388 |
745,420 |
|
2013 |
6 |
2,371,875 |
5,093,958 |
395,313 |
848,993 |
|
2014 |
5 |
1,919,298 |
3,847,461 |
383,860 |
769,492 |
|
2015 |
5 |
2,347,938 |
3,234,721 |
469,588 |
646,944 |
|
2016 |
5 |
1,787,649 |
2,542,307 |
357,530 |
508,461 |
|
2017 |
6 |
1,895,007 |
4,697,120 |
315,834 |
782,853 |
|
2018 |
6 |
1,879,657 |
3,625,689 |
313,276 |
604,281 |
|
2019 |
2 |
718,661 |
1,132,077 |
359,331 |
566,038 |
|
2020 |
4 |
1,098,357 |
1,908,481 |
274,589 |
477,120 |
|
2021 |
4 |
1,153,062 |
2,874,379 |
288,265 |
718,595 |
|
2022 |
4 |
1,126,898 |
3,326,457 |
281,724 |
831,614 |
|
2023 |
2 |
524,394 |
1,323,783 |
262,197 |
661,892 |
Non-Executive Director Remuneration - USD:
| Financial Year: | No. of NEDs: | Total Fees: | Average Fees |
|
2008 |
6 |
115,236 |
19,206 |
|
2009 |
6 |
199,720 |
33,287 |
|
2010 |
8 |
295,838 |
36,980 |
|
2011 |
8 |
326,731 |
40,841 |
|
2012 |
9 |
356,463 |
39,607 |
|
2013 |
10 |
374,167 |
37,417 |
|
2014 |
12 |
385,042 |
32,087 |
|
2015 |
12 |
349,370 |
29,114 |
|
2016 |
13 |
358,202 |
27,554 |
|
2017 |
9 |
340,352 |
37,817 |
|
2018 |
9 |
459,101 |
51,011 |
|
2019 |
10 |
805,682 |
80,568 |
|
2020 |
10 |
473,282 |
47,328 |
|
2021 |
10 |
447,228 |
44,723 |
|
2022 |
10 |
407,347 |
40,735 |
|
2023 |
7 |
364,644 |
52,092 |
CEO Remuneration - ZAR:
| Financial Year: | Salary: | Benefits: | Cash Bonus | Other | Total Annual | LTI Payment | Total Including LTI |
|
2008 |
2,673,000 |
887,000 |
3,706,000 |
0 |
7,266,000 |
0 |
7,266,000 |
|
2009 |
4,577,000 |
280,000 |
4,314,000 |
0 |
9,171,000 |
2,061,000 |
11,232,000 |
|
2010 |
5,213,000 |
247,000 |
3,860,000 |
0 |
9,320,000 |
0 |
9,320,000 |
|
2011 |
4,618,000 |
1,167,000 |
4,391,000 |
0 |
10,176,000 |
23,000 |
10,199,000 |
|
2012 |
5,269,000 |
1,268,000 |
6,440,000 |
0 |
12,977,000 |
5,149,000 |
18,126,000 |
|
2013 |
5,497,000 |
1,358,000 |
6,546,000 |
0 |
13,401,000 |
0 |
13,401,000 |
|
2014 |
5,848,000 |
1,517,000 |
3,687,000 |
0 |
11,052,000 |
6,775,510 |
17,827,510 |
|
2015 |
6,066,000 |
1,662,000 |
1,736,000 |
0 |
9,464,000 |
2,043,000 |
11,507,000 |
|
2016 |
6,539,000 |
1,778,000 |
1,087,000 |
0 |
9,404,000 |
0 |
9,404,000 |
|
2017 |
4,144,000 |
964,000 |
9,795,000 |
0 |
14,903,000 |
0 |
14,903,000 |
|
2018 |
4,745,000 |
866,000 |
3,400,000 |
0 |
9,011,000 |
0 |
9,011,000 |
|
2019 |
5,913,000 |
1,057,000 |
3,782,000 |
0 |
10,752,000 |
0 |
10,752,000 |
|
2020 |
6,281,000 |
1,137,000 |
3,600,000 |
0 |
11,018,000 |
0 |
11,018,000 |
|
2021 |
6,321,000 |
1,462,000 |
8,105,000 |
0 |
15,888,000 |
0 |
15,888,000 |
|
2023 |
6,507,000 |
0 |
7,872,000 |
1,693,000 |
16,072,000 |
0 |
16,072,000 |
Executive Director Remuneration - ZAR:
| Financial Year: | No. of EDs: | Total Salary: | Total Annual Remuneration | Average Salary | Average Remuneration |
|
2008 |
7 |
13,590,000 |
34,296,756 |
1,941,429 |
4,899,537 |
|
2009 |
7 |
17,479,000 |
38,861,000 |
2,497,000 |
5,551,571 |
|
2010 |
7 |
17,806,000 |
43,451,000 |
2,543,714 |
6,207,286 |
|
2011 |
9 |
21,769,000 |
43,290,783 |
2,418,778 |
4,810,087 |
|
2012 |
9 |
24,604,000 |
55,012,000 |
2,733,778 |
6,112,444 |
|
2013 |
6 |
22,770,000 |
48,902,000 |
3,795,000 |
8,150,333 |
|
2014 |
5 |
20,786,000 |
41,668,000 |
4,157,200 |
8,333,600 |
|
2015 |
5 |
16,258,528 |
25,203,556 |
3,251,706 |
5,040,711 |
|
2016 |
5 |
24,291,818 |
34,583,000 |
4,858,364 |
6,916,600 |
|
2017 |
6 |
25,812,000 |
63,982,000 |
4,302,000 |
10,663,667 |
|
2018 |
6 |
26,135,222 |
50,020,556 |
4,355,870 |
8,336,759 |
|
2019 |
2 |
10,371,000 |
16,337,000 |
5,185,500 |
8,168,500 |
|
2020 |
4 |
16,382,000 |
28,465,000 |
4,095,500 |
7,116,250 |
|
2021 |
4 |
18,321,000 |
45,671,000 |
4,580,250 |
11,417,750 |
|
2022 |
4 |
19,448,000 |
57,408,000 |
4,862,000 |
14,352,000 |
|
2023 |
2 |
9,792,000 |
24,719,000 |
4,896,000 |
12,359,500 |