S.African Telkom's ex-CEO gets R3.7 mln in shares

[Peapod]

http://za.today.reuters.com/news/ne..._RTRIDST_0_OZABS-TELECOMS-TELKOM-20050912.XML
astounding.

 

[Sneeky]

Im not exactly sure how to comment on this as share options for CEO's is not unheard of. Its not as though the bloke was on the brink of poverty either, and the new CEO has something to look forward to no doubt.
I reckon Sizwe will look back at the time he spent at Telkom, look at his bank balance, and smile no doubt.
Telkom is the 'gravy train' painted in blue and green dots, be sure.

 

[justinct]

a mandate to spur profit growth despite competition as the market deregulates.

Sigh.
The degree to which this makes me want to kick telkom in the balls cannot be put into words.

OR CAN IT?!!?!

 

[playkiller no.2]

Hope you choke on the money you bloody bastard.

 

[lewstherin]

I'd love to be paid 3.7 mil for screwing a country over.
Money won't be able to follow him to his final destination though.

$izwe, live it up my boy, cos soon you gonna be doing the flame-grilled sauna thing.

 

[morebroadband]

10 million last year, 3 million this year - what's a couple of million between friends? I wonder what the new CEO has negotiated for himself?