CAPE TOWN - Electronics and ICT group Altron has published its annual report.
The report revealed how its top executives were remunerated in the past financial year.
CEO, Mteto Nyati, took home a total pay package of R19.7 million, which included a basic guaranteed salary of R4.9 million and a sign-on bonus of R6.5 million.
Two other executives to get sign-on bonuses included group executive of shared services, Collin Govender, and group executive for marketing, PR and communications, Zipporah Muabane, who were paid bonuses of R1 million and R335,000, respectively.
In total, Altron paid its 10 executive directors and prescribed officers R61.7 million, averaging R6.2 million per executive.