Safaricom PLC (SCOM) Leadership & Management Team Analysis - Simply Wall St (2024)

Management criteria checks 3/4

Safaricom's CEO is Peter Ndegwa, appointed in Apr 2020, has a tenure of 4.42 years. total yearly compensation is KES252.30M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth KES13.46M. The average tenure of the management team and the board of directors is 3.2 years and 3.7 years respectively.

Key information

Peter Ndegwa

Chief executive officer

KSh252.3m

Total compensation

CEO salary percentage37.4%
CEO tenure4.4yrs
CEO ownership0.002%
Management average tenure3.2yrs
Board average tenure3.7yrs

CEO Compensation Analysis

How has Peter Ndegwa's remuneration changed compared to Safaricom's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024KSh252mKSh94m

KSh63b

Dec 31 2023n/an/a

KSh63b

Sep 30 2023n/an/a

KSh63b

Jun 30 2023n/an/a

KSh63b

Mar 31 2023KSh313mKSh95m

KSh62b

Dec 31 2022n/an/a

KSh64b

Sep 30 2022n/an/a

KSh66b

Jun 30 2022n/an/a

KSh68b

Mar 31 2022KSh289mKSh89m

KSh70b

Dec 31 2021n/an/a

KSh71b

Sep 30 2021n/an/a

KSh73b

Jun 30 2021n/an/a

KSh71b

Mar 31 2021KSh202mKSh102m

KSh69b

Compensation vs Market: Peter's total compensation ($USD1.96M) is above average for companies of similar size in the KE market ($USD1.35M).

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

CEO

4.4yrs

Tenure

KSh252,300,000

Compensation

Mr. Peter Waititu Ndegwa has been Chief Executive Officer and Executive Director of Safaricom PLC since April 1, 2020. He serves as the Chief Executive Officer of Safaricom PLC at Vodacom Group Limited sin...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Ndegwa
CEO & Executive Director4.4yrsKSh252.30m0.0022%
KES 13.5m
Dilip Pal
Chief Finance Officer3.8yrsKSh113.80mno data
George Njuguna
Acting Chief Technology Information Officerno datano datano data
Caroline Wambugu
Head of Finance2.8yrsno datano data
Patrick Kinoti
Head of the Ethics and Compliance Departmentno datano datano data
Nyokabi Florence
Chief Human Resources Officerno datano datano data
Nicholas Mulila
Chief Corporate Security Officer6.7yrsno datano data
Nicholas Kamunyu
Chief Channels Officer3.2yrsno datano data
Michael Mutiga
Chief Business Development & Strategy Officer2.3yrsno datano data
Stephen Kiptinness
Chief Corporate Affairs Officer2.3yrsno datano data
Fawzia Ali-Kimanthi
Chief Consumer Business Officerno datano datano data
Cynthia Karuri-Kropac
Chief Enterprise of Business Officerno datano datano data

3.2yrs

Average Tenure

55yo

Average Age

Experienced Management: SCOM's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Ndegwa
CEO & Executive Director4.4yrsKSh252.30m0.0022%
KES 13.5m
Dilip Pal
Chief Finance Officer4.7yrsKSh113.80mno data
Rose Ogega
Independent Non-Executive Director5.6yrsKSh9.50m0%
KES 0
Mohamed Shameel Joosub
Non-Executive Director7.1yrsKSh7.10mno data
Raisibe Morathi
Non-Executive Director3.8yrsKSh8.30mno data
Ory Okolloh
Independent Director1.6yrsKSh7.40mno data
Karen Kandie
Alternate Director1.6yrsKSh8.00m0.00037%
KES 2.2m
Adil Khawaja
Chairman of the Board1.8yrsKSh24.90mno data
Francesco Bianco
Non-Executive Director4.5yrsKSh6.10mno data
Winnie Ouko
Independent Non-Executive Director3.6yrsKSh9.00m0.00025%
KES 1.5m
Murielle Lorilloux
Non-Executive Director1.1yrsKSh1.30mno data
John Mosonik
Non-Executive Director1.1yrsKSh3.30mno data

3.7yrs

Average Tenure

53.5yo

Average Age

Experienced Board: SCOM's board of directors are considered experienced (3.7 years average tenure).

Safaricom PLC (SCOM) Leadership & Management Team Analysis  - Simply Wall St (2024)

FAQs

How much is the CEO of Safaricom paid? ›

Safaricom's CEO is Peter Ndegwa, appointed in Apr 2020, has a tenure of 4.42 years. total yearly compensation is KES252. 30M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.002% of the company's shares, worth KES13.

What is Safaricom SCOM? ›

Safaricom distributes its products and services through a dealership network of approximately 2,700 outlets. Safaricom Plc is listed on the Nairobi Securities Exchange (NSE) since June 9th, 2008. Safaricom is traded on the NSE under the ticker symbol “SCOM”.

What is the prediction for Safaricom stock? ›

According to analysts, SCOM price target is 24.91 KES with a max estimate of 30.00 KES and a min estimate of 20.50 KES. Check if this forecast comes true in a year, meanwhile watch SAFARICOM LTD stock price chart and keep track of the current situation with SCOM news and stock market news.

What is the organizational structure of Safaricom? ›

The constitution of the company's board is stipulated by the company's Articles of Association. It comprises of 10 directors of whom nine are non-executive directors and one is an executive director.

Who is the highest paid CEO in Kenya? ›

Co-operative Bank of Kenya chief executive Gideon Muriuki earned Sh455. 5 million last year, cementing his position as corporate Kenya's top paid boss with a daily average earning of Sh1. 25 million.

How much do Safaricom employees earn? ›

22 Salary Details of Jobs with related Job Titles
Job TitleMonthly Avg
sales associateKES 51,000
customer service executiveKES 60,000
customer serviceKES 70,197
customer service representativeKES 85,000
16 more rows

Who owns Safaricom PLC? ›

How much is Safaricom worth? ›

The report generated by KPMG places Safaricom's true value at KShs413. 8 billion, which is 10.86 times bigger than the KShs38.

What does SCOM stand for? ›

Microsoft SCOM (System Center Operations Manager) is a set of tools for infrastructure monitoring and application performance management.

What is the future of Safaricom? ›

Safaricom of the future will be a technology company and will offer more in the education, agriculture, and health sectors as it grows. The next phase of Safaricom's growth will see the service provider continue its innovation tradition and simplify its products and services in line with its FOR YOU brand promise.

Who has many shares in Safaricom? ›

Shareholders: Safaricom PLC
NameEquitiesValuation
Government of Kenya 35.00 %14,022,572,5801 579 M KES
Mobius Capital Partners LLP 0.1599 %64,047,2597 M KES
Goldman Sachs Asset Management BV (Old) 0.1310 %52,500,0006 M KES
Old Mutual Investment Group (Pty) Ltd. 0.1003 %40,194,8845 M KES
1 more row

Can you invest in Safaricom? ›

Upon accessing your CDSC account via the Dosikaa app, you will see the stockbroker or the bank that helped you with the CDS account opening, and you can make real-time order placement to purchase Safaricom shares online on the app.

What are the 4 pillars of Safaricom? ›

It comprises four key pillars – purpose, customer obsession, collaboration and innovation.

Who is the CEO of Safaricom? ›

Peter Ndegwa (CBS)

Peter is the CEO of Safaricom PLC, a leading communications company in Africa. Safaricom is also the pioneer of M-PESA, the world's most developed payment system.

How much does the CEO of Safaricom make a month? ›

Mr Ndegwa, 54, took the reins of Safaricom on April 1 2020, becoming the first Kenyan to serve in the role. Safaricom has revealed he earned an annual salary of Sh88. 89 million or the equivalent of Sh7. 4 million a month.

What is the bonus for Safaricom CEO? ›

Disclosures in Safaricom's annual report for the 12 months ending March 2024 show that the company paid Mr Ndegwa a bonus of Sh134. 1 million in the period, compared to Sh196. 3 million in the year to March 2023. The bonus had risen from Sh90 million in March 2021 to Sh178.

Who is the highest paid CEO in the world? ›

Top 10 highest paid CEOs
  • Elon Musk, Tesla Inc.: Approx. ...
  • Tim Cook, Apple Inc.: Approx. ...
  • Sundar Pichai, Alphabet Inc.: Approx. ...
  • Jensen Huang, NVIDIA: Approx. ...
  • Reed Hastings, Netflix: Approx. ...
  • Leonard Schleifer, Regeneron Pharmaceuticals: Approx. ...
  • Marc Benioff, Salesforce: Approx. ...
  • Satya Nadella, Microsoft: Approx.
6 days ago

Who is the current CEO of Safaricom? ›

Peter Ndegwa (CBS)

Peter is the CEO of Safaricom PLC, a leading communications company in Africa. Safaricom is also the pioneer of M-PESA, the world's most developed payment system.

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