Companies MiX Telematics
MiX Telematics (MIX): executive pay, fiscal 2023
Free brief. Every figure links to the company’s own filing.
MiX Telematics no longer files a proxy statement; its last pay data is FY2023.
CEO pay, last three years
- $972,063FY2022
- $871,041FY2023
CEO total pay was $871,041 in fiscal 2023, down from $972,063 in fiscal 2022.
FY2023: salary $524,943 · bonus $97,000 · stock awards $0 · option awards $83,930
Frequently asked questions
Who was the highest-paid executive at MiX Telematics in fiscal 2023?
As disclosed, Stefan Joselowitz (President and Chief Executive Officer) was the highest-paid executive at MiX Telematics in fiscal 2023, with total compensation of $871,041.
How much does MiX Telematics spend in total on board compensation for fiscal 2023?
As disclosed, MiX Telematics reported total board compensation of $3,742,121 for fiscal 2023.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Stefan Joselowitz | $524,943 | $97,000 | $0 | $83,930 | $165,168 | $0 | $0 | $871,041 |
| President and Chief Executive Officer | ||||||||
| Charles Tasker | 413,833 | 0 | 0 | 83,930 | 186,668 | 0 | 0 | 684,431 |
| Chief Operating Officer | ||||||||
| Paul Dell | 254,515 | 50,000 | 0 | 83,930 | 86,526 | 0 | 27,322 | 502,293 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Stefan Joselowitz | $871,041 | $972,063 | — | ↓ −101,022 |
| Charles Tasker | 684,431 | 730,296 | — | ↓ −45,865 |
| Paul Dell | 502,293 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
MiX's Remuneration Policy is formulated to attract and retain high-caliber executives and motivate them to develop and implement the Company's business strategy in order to optimize long-term shareholder value. Total rewards are set at levels that are fair, responsible and competitive within the relevant market, with incentive-based rewards earned through the achievement of demanding growth and return targets consistent with shareholder interests over the short, medium and long term.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2023
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Paul Dell | RSA | 2022-11-01 | — | — | 585,000 | — | $83,930 |
| Stefan Joselowitz | RSA | 2022-11-01 | — | — | 585,000 | — | 97,000 |
| Charles Tasker | RSA | 2022-11-01 | — | — | 585,000 | — | 83,930 |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2023
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Underlying | RSU | 100,000 | — | $32,096 |
| Underlying | RSU | 200,000 | — | 64,192 |
| Underlying | RSU | 200,000 | — | 64,192 |
| Underlying | RSU | 500,000 | — | 6 |
| Underlying | RSU | 500,000 | — | 7 |
| Underlying | RSU | 585,000 | — | 5 |
| Underlying | RSU | 585,000 | — | 5 |
| Underlying | RSU | 585,000 | — | 5 |
| Underlying | RSU | 800,000 | — | 6 |
| Underlying | RSU | 800,000 | — | 7 |
| Underlying | RSU | 800,000 | — | 7 |
| Underlying | RSU | 900,000 | — | 6 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard BruynsIndependent · Lead Independent Director · Audit and Risk Committee · Nominations and Remuneration committee (Chair) · Social and Ethics Committee | $881,721 | — | — | — | $0 | $49,025 |
| Fikile FutwaIndependent · Audit and Risk Committee (Chair) · Social and Ethics Committee | 836,281 | — | — | — | 0 | 46,498 |
| Charmel FlemmingIndependent · Audit and Risk Committee · Social and Ethics Committee (Chair) | 786,099 | — | — | — | 0 | 43,708 |
| Ian JacobsIndependent · Board Chair · Nominations and Remuneration committee | 697,332 | — | — | — | 0 | 38,772 |
| Robin FrewNot independent · Nominations and Remuneration committee · Departed during FY | 540,688 | — | — | — | 0 | 30,063 |
Board fee structure and ownership guideline
| Annual cash retainer | $400,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 400,000 / 200,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $3,742,121 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $3,742,121 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names MiX Telematics as a peer
Companies that benchmark against MIX
No companies currently name MIX as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | MiX Telematics | 2023 | Stefan Joselowitz | $524,943 | $0 | $83,930 | $165,168 | $871,041 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Ian Jacobs | Director | 2024-04-02 | D | 34,096,150 | — | — | Common, indirect | Form 4 ↗ |
| Ian Jacobs | Director | 2024-04-02 | D | 240,700 | — | — | Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 585,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 800,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 900,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 1,000,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Stefan Joselowitz | Director | 2024-04-02 | D | 585,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Stefan Joselowitz | Director | 2024-04-02 | D | 800,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Stefan Joselowitz | Director | 2024-04-02 | D | 800,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Stefan Joselowitz | Director | 2024-04-02 | D | 1,000,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Stefan Joselowitz | Director | 2024-04-02 | D | 20,255,865 | — | — | Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 5,938,460 | — | — | Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 594,889 | — | — | Common | Form 4 ↗ |
| Paul Dell | Group Chief Financial Officer | 2024-04-02 | D | 585,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Charles Tasker | Director | 2024-04-02 | D | 2,428,150 | — | — | Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 700,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 700,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 750,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 1,458,819 | — | — | Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 585,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 700,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 700,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 750,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Catherine J. Lewis | Executive Vice President | 2024-04-02 | D | 2,530,737 | — | — | Common | Form 4 ↗ |
| Gert Pretorius | Executive Vice President | 2024-04-02 | D | 585,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Richard Bruyns | Director | 2024-04-02 | D | 3,696,563 | — | — | Common, indirect | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (47 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Stefan Joselowitz. DEF 14A, filed 2023-07-28. Section “Executive Compensation”. As printed: 871,041. View filing ↗
- Section 01, Charles Tasker. DEF 14A, filed 2023-07-28. Section “Executive Compensation”. As printed: 684,431. View filing ↗
- Section 01, Paul Dell. DEF 14A, filed 2023-07-28. Section “Executive Compensation”. As printed: 502,293. View filing ↗
- Section 03, Paul Dell RSA. DEF 14A, filed 2023-07-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Stefan Joselowitz RSA. DEF 14A, filed 2023-07-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Charles Tasker RSA. DEF 14A, filed 2023-07-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Richard Bruyns. DEF 14A, filed 2023-07-28. Section “Director Compensation”. As printed: 49,025. View filing ↗
- Section 08, Fikile Futwa. DEF 14A, filed 2023-07-28. Section “Director Compensation”. As printed: 46,498. View filing ↗
- Section 08, Charmel Flemming. DEF 14A, filed 2023-07-28. Section “Director Compensation”. As printed: 43,708. View filing ↗
- Section 08, Ian Jacobs. DEF 14A, filed 2023-07-28. Section “Director Compensation”. As printed: 38,772. View filing ↗
- Section 08, Robin Frew. DEF 14A, filed 2023-07-28. Section “Director Compensation”. As printed: 30,063. View filing ↗
- Section 02, Ian Jacobs 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ian Jacobs 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stefan Joselowitz 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stefan Joselowitz 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stefan Joselowitz 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stefan Joselowitz 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stefan Joselowitz 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul Dell 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Tasker 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine J. Lewis 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gert Pretorius 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Richard Bruyns 2024-04-02. Form 4, filed 2024-04-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 3,742,121 + equity 0 + all other 0 = 3,742,121, summed across the director compensation table rows.
- MiX Telematics (subject), Section 10b CEO total. DEF 14A, filed 2023-07-28. CEO total compensation as printed in MiX Telematics's own proxy. As printed: 871,041. View filing ↗