also increased due to additional work to be carriedrepresentation externally , and interacting with fellow boardchairperson. This person assists the chairperson andThe lead independent director is required to presidenot present, or where the chairperson is conflicted,ver the last few years, we have observed that leadresponsibility in driving board independence.more rapidly than other positions on boards.majority of a board’s membership.
Non-executive directors raked in the least, averaging R1.18 million, while lead independent directors averaged slightly more at just over R1.4 million.the JSE. As of 31 October 2022, these companiesThe companies that make up the JSE top ten are shown in the table below, while the figures that follow illustrate remuneration averages calculated for them, PwC said.
Chairpersons in the large-cap Consumer Discretionary sector far out-earned any other industry, making on average R20.39 million. In contrast, those on the board of large-cap Health Care companies earned the least, making R3.45 million on average.