Sibanye-Stillwater CEO’s pay cut R111m to R189m
Executive pay monitored closely in a country afflicted by poverty and inequality
24 April 2023 - 12:17
UPDATED 24 April 2023 - 19:27
Sibanye-Stillwater boss Neal Froneman received a total pay package of R189m in the 2022 financial year, down from R300m the year before, the miner’s annual report showed on Monday.
His total pay fell after the world’s largest producer of platinum group metals (PGMs) posted a drop in profit as commodity prices came off the boil. Its profit fell to R19bn from R33.8bn in the year. ..
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