Financial 2016 was grim for Anheuser-Busch InBev (AB InBev) executives as a disappointing operating performance meant limited bonuses and CEO Carlos Brito received no bonus. But things picked up significantly in 2017, providing Brito with a bonus of $5.77m, in addition to his basic pay of almost $3m. Even better news for Brito and his executives is that the long-term share options they were awarded as part of the group’s incentive scheme were dished out on January 22 2018 at an exercise price of €94.36, or about R1,400. That wasn’t quite the share’s historic low on the JSE; in mid-February it touched R1,204.52. The AB InBev share price had been on a firmly downward trajectory from the end of October 2017 until mid-February, when it reached the record low. In mid-February, ahead of the release of better-than-expected fourth-quarter results to end-December, the share moved on to an upward trajectory. The results appear to have secured upward momentum with the share price rising almost...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.