CAPE TOWN – Capitec’s CEO Gerrie Fourie had a R56.6 million payout this year thanks to an 18% rise in headline earnings.
Fourie’s massive payout is due to long-term incentives and a 10% increase in his basic pay package.
The CEO’s salary can be broken down in the following way:
A R10.75 million guaranteed package
R240 000 in other benefits