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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