Vodacom has released its annual report for the financial year of 2013/14, revealing how much its top executives took home for the year.
Vodacom Group CEO, Shameel Joosub – who took over from former CEO Pieter Uys in the previous financial year in September 2012 – took home a complete package of R12.98 million, off of a basic salary of R6.9 million.
In the 2012/13 financial year, Joosub took home R9.2 million, representing the 9 months he served as CEO for the group.
The following table shows the salaries for Vodacom’s chief executive, chief financial officer, chief technology officer and chief officer of enterprise at the group.
Vodacom executive salaries 2014
|Shameel Joosub||Group CEO||R9,277,000||R12,980,000|
|Ivan Dittrich||Group CFO||R6,401,000||R7,542,000|
|Andries Delport||Group CTO||R5,044,000||R6,312,000|
|Vuyani Jarana||CEO: Enterprise||R4,267,000||R5,219,000|
Highest paid tech CEOs in SA
The following table shows how the Vodacom CEO’s salary stacks up against other CEOs in the South African tech and telecoms sector.
It should be noted that a number of big tech and telecoms companies have not released their annual reports for 2014. This means that many of the salaries listed are for the previous financial year.
|Sifiso Dabengwa||MTN Group||R48,077,000|
|Craig Venter||Altron TMT||R14,135,000*|
|Mark Levy||Blue Label||R14,107,000|
|Brett Levy||Blue Label||R14,107,000|
|Attila Vitai||Telkom Mobile||R8,471,000|
|Zunaid Bulbulia||MTN SA||R7,665,000|
|Sipho Maseko||Telkom||Appointed 1 April 2013|
* 2014 full year