Biggest IT exec salaries in South Africa

The 2012 South African Business Times Rich List was released on Sunday 12 September 2012, revealing that MTN executives were the best paid in the local ICT industry.

The Business Times Rich List used publically available information about JSE-listed companies to establish which executives received the best overall pay package for the last financial year.

According to the list, BHP Billiton’s Michael Yeager received a total pay package of R115 million in 2011, the best salary in South Africa. Massmart’s Grant Pattison was second with R90 million, and BHP Billiton CEO Marius Kloppers third with R89 million.

The top earning IT executive was MTN’s Khumo Shuenyane with R57 million, followed by former MTN CEO Phuthuma Nhleko with R50 million.

The following list provides an overview of the top earning IT executives over the last financial year.

Rank Person Company Total yearly pay package
1 Michael Yeager BHP Billiton R115 million
2 Grant Pattison Massmart R90 million
3 Marius Kloppers BHP Billiton R89 million
7 Khumo Shuenyane MTN R57 million
11 Phuthuma Nhleko MTN R50 million
40 Jens Montanana Datatec R23 million
43 Sifiso Dabengwa MTN R23 million
47 Paul Norman MTN R20 million
56 Chris de Farla MTN R18 million
58 Nick Wentzel Reunert, Astral Foods R18 million
63 Jamal Ramadan MTN R18 million
64 Nazir Patel MTN R17 million
74 Ahmad Farroukh MTN R16 million
81 Craig Venter Altech, Altron R15 million
98 Jyoti Desai MTN R14 million
103 Shameel Joosub Vodacom R14 million
109 Pieter Uys Vodacom R13 million
115 Myron Berzack Altron etc R13 million

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Biggest IT exec salaries in South Africa