Surge in share price and profit helps Capitec CEO to R65m payday
The group’ headline earnings grew 16% from R9.2bn to R10.6bn, with a ROE of 26%
23 April 2024 - 12:22
Capitec CEO Gerrie Fourie’s total remuneration for the 2024 financial year rose to R65m, cementing his place as one of the industry’s top paid bosses.
Fourie’s pay was largely made up of a long-term incentive (LTI) of R42m. The surge in Capitec’s share price over the years and growth in profit flowing from its diversification strategy helped contribute to the figure...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.