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|