Vodacom Group CEO Shameel Joosub fell 23.9% in fiscal year 2019 when short- and long-term incentives were fairly low.
Joosub earned a total of 21 million Rs after R38.3 million (R & D) in 2019 compared to Vodacom's annual report, which is R50.3 million ($ 277 million after tax) in fiscal year 2018. Its website, the show.
His short-term salary was R9.8 million, up 21% from $ 12.4 million previously, but his salary rose 7.9% to $ 11.3 million. Long-term incentive bonus increased by 46.1% from £ 22.7 million in 2018 to £ 12.2 million.
The annual report shows that Joosub received a $ 5 million dividend, up 4.6% from R4 million previously (see table below).
Meanwhile, Chief Financial Officer Till Streichert received a total of R2.1 million in total compensation, in addition to a total of £ 819,000 (approximately £ 15.5 million at the time of writing), before the tax exemption. His warranty package is £ 373,000 (up from £ 353,000).
Payments to non-standing directors totaled 18 million euros (from 8.8 million RMB in 2018). President Jabu Moleketi paid $ 27 million. – (c) 2019 NewsCentral Media