How much Vodacom’s top executives get paid
Vodacom has released its integrated report for the year ended 31 March 2015, which showed a decline in the total pay package of some of the company’s top executives.
Vodacom CEO Shameel Joosub received a total pay package of R10,933,000 last year, down from R12,980,500 the previous year.
Vodacom CFO Ivan Dittrich received an annual package of R6,247,116, which was also down from R7,542,198 a year earlier.
Vodacom’s non-executive chairman Peter Moyo received a healthy R1.9 million for his duty on the board.
The following table provides an overview of the remuneration of Vodacom’s top executives, which includes the settlement of long-term incentives and accruals.
Vodacom Executive Pay | |||||
Name | Position | Guaranteed salary | Total annual package | Long-term incentives and benefits | Full annual remuneration |
Shameel Joosub | Chief Executive Officer | R7,212,500 | R10,933,000 | R9,857,620 | R20,790,620 |
Ivan Dittrich | Chief Financial Officer | R4,701,000 | R6,247,116 | R1,309,899 | R7,557,015 |
Andries Delport | Chief Technology Officer | R4,041,250 | R5,960,419 | R1,111,718 | R7,072,137 |
Romeo Kumalo | Chief Operating Officer: International | R3,600,000 | R4,260,420 | R1,020,225 | R5,280,645 |
Vuyani Jarana | Chief Officer: Enterprise Business Unit | R3,587,500 | R5,138,112 | R1,005,496 | R6,143,608 |
Maya Makanjee | Chief Officer: Corporate Affairs | R2,763,000 | R3,806,428 | R564,020 | R4,370,448 |
Nkateko Nyoka | Chief Officer: Legal and Regulatory | R3,558,533 | R5,248,300 | R730,353 | R5,978,653 |
More on Vodacom
SA government’s Vodacom share sale to PIC close
New Vodacom R799 smartphone launched
Watch Vodacom’s new Slaap Tiger TV ad