Neal Froneman’s fall in pay to R55m reflects Sibanye’s woes
Plunging PGM prices have resulted in the top brass taking a cut in their salaries
29 April 2024 - 05:00
The pay of Sibanye-Stillwater’s serial deal-making CEO, Neal Froneman, has dwindled from the R300m he earned in the 2021 financial year to R55m in the year to end-December.
His remuneration echoes the company’s fortunes, which have been hit by a plunge in the basket price of platinum group metals (PGMs) in the period...
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