Yahoo Finance

Key Insights

• Clientèle to hold its Annual General Meeting on 31st of October

• Salary of R8.37m is part of CEO Basil Reekie's total remuneration

• Total compensation is similar to the industry average

• Over the past three years, Clientèle's EPS grew by 14% and over the past three years, the total shareholder return was 68%

We have been pretty impressed with the performance at Clientèle Limited (JSE:CLI) recently and CEO Basil Reekie deserves a mention for their role in it. Coming up to the next AGM on 31st of October, shareholders would be keeping this in mind. The focus will probably be on the future company strategy as shareholders cast their votes on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.

View our latest analysis for Clientèle

Comparing Clientèle Limited's CEO Compensation With The Industry

Our data indicates that Clientèle Limited has a market capitalization of R3.7b, and total annual CEO compensation was reported as R15m for the year to June 2023. We note that's a decrease of 37% compared to last year. We note that the salary of R8.37m makes up a sizeable portion of the total compensation received by the CEO.

On comparing similar companies from the South African Insurance industry with market caps ranging from R1.9b to R7.6b, we found that the median CEO total compensation was R16m. So it looks like Clientèle compensates Basil Reekie in line with the median for the industry. Moreover, Basil Reekie also holds R16m worth of Clientèle stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

Speaking on an industry level, nearly 32% of total compensation represents salary, while the remainder of 68% is other remuneration. According to our research, Clientèle has allocated a higher percentage of pay to salary in comparison to the wider industry. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

A Look at Clientèle Limited's Growth Numbers

Clientèle Limited has seen its earnings per share (EPS) increase by 14% a year over the past three years. In the last year, its revenue is up 23%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.