Business15.06.2015

How much Vodacom’s top executives get paid

Vodacom Shares

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

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