News Formal

Top-Earning South African Bosses Outpace Banking CEOs, with Mining Executives Leading the Charge

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

STD Bank News

Business Business Latest News,Business Business Headlines

South Africa’s top five biggest mining companies revealed their CEOs’ massive salaries in 2023, with some earning triple that of the best-paid banking CEOs.

South Africa's top mining CEOs earn over three times more than the highest-paid banking CEOs, with BHP Billiton's Mike Henry leading at R249.5 million annually

Additionally, the sector made substantial progress in job creation, adding more than 7,500 new jobs and increasing the workforce to 477,000. As of 1 January 2024, Mike Fraser has taken over as CEO of Gold Fields, with Martin Preece continuing as Chief Operating Officer.The luxury goods conglomerate Richemont, owner of Cartier, has appointed a new CEO.Nicolas Bos, the 51-year-old head of Richemont’s jewellery brand Van Cleef & Arpels, will assume the role on 1 June, the Swiss company announced.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

– Digicloud Africa and JumpCloud CEOs explain how their companies are enabling remote working in South AfricaDigicloud Africa CEO Gregory MacLennan and JumpCloud CEO Rajat Bhargava discuss the transformation of work from a place to an activity.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

5 Top JSE listed African Telcos and their CEOs Earnings5 Top JSE listed African Telcos and their CEOs Earnings
Source: ITNewsAfrica - 🏆 27. / 59 Read more »