R24.9 million per year… what the CEOs of SA’s top-10 companies earn (on average)

My other car's a Porsche! (pixabay.com, 2018)

The Chief Executive Officers (CEOs) of the 10 largest JSE-listed companies earn R24.9 million per year, on average.

This is according to the new report by PwC.

The 10 largest listed firms account for 60% of the JSE’s market capitalisation.

Chief Financial Officers (CFOs) earn R15.1 million, on average, while Executive Directors earn an average of R8.7 million annually.

When considering the top-40 companies; CEOs earn, on average, R5.2 million per year.

If you take the average of the largest 100 companies, average annual CEO earnings come in at between R2.5 million and R2.9 million.

Ray White (in for Bruce Whitfield on The Money Show) interviewed Andreas Horak, Associate Director at PwC.

For more detail and the latest on executive pay; listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our mailing list

* indicates required

Recommended

by NEWSROOM AI
Read More
How to escape the tyranny of 'project-based revenues'

How to escape the tyranny of 'project-based revenues'

The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.

How this year’s Budget will affect your pocket

How this year’s Budget will affect your pocket

Warren Ingram (Galileo Capital Personal Financial Advisor) critiques this year's budget.

Is EOH corrupt? Is that why Microsoft ran for the hills? Its CEO explains…

Is EOH corrupt? Is that why Microsoft ran for the hills? Its CEO explains…

The Money Show’s Bruce Whitfield interviews Stephen van Coller, CEO at EOH Holdings.

'R23 million for rent a month seems huge. I don't think we could've done better'

'R23 million for rent a month seems huge. I don't think we could've done better'

The Money Show’s Bruce Whitfield interviews Adrian Gore, founder and Group Chief Executive Officer at Discovery Limited.

‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

The Money Show’s Bruce Whitfield interviews Ian Moir, CEO at Woolworths.

'Minister Mantashe gave us confidence to inject R6 billion into South Africa'

'Minister Mantashe gave us confidence to inject R6 billion into South Africa'

Bruce Whitfield interviews Anglo American CEO Mark Cutifani about his company’s sound financial results.

Popular articles
‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

The Money Show’s Bruce Whitfield interviews Ian Moir, CEO at Woolworths.

Is EOH corrupt? Is that why Microsoft ran for the hills? Its CEO explains…

Is EOH corrupt? Is that why Microsoft ran for the hills? Its CEO explains…

The Money Show’s Bruce Whitfield interviews Stephen van Coller, CEO at EOH Holdings.

'R23 million for rent a month seems huge. I don't think we could've done better'

'R23 million for rent a month seems huge. I don't think we could've done better'

The Money Show’s Bruce Whitfield interviews Adrian Gore, founder and Group Chief Executive Officer at Discovery Limited.