10) Sifiso Dabengwa, R48 million (CEO of MTN) The only black on the list. After years of dedicated service, he was chosen to head the company as CEO in 2003. TWEET. So did the corporate top dogs of NNPC watch in admiration when Austin Avuru emerged the best overall student after a four-month course at Petroleum Training Institute, Effurun, Warri, in 1983. The responsibility of piloting a firm’s affairs and ensuring profitability often rests squarely on the shoulders of the Chief Executive Officer (CEO). Earnings:-₦568 million per annum. We also take a look at how the performance of these companies has increased to understand how executives are rewarded for performance. Chewy Inc.-CEO Sumit Singh Pet lovers' financial embrace of the online one-stop shop for furry family members made Chewy an extremely lucrative business. Therefore, it is not easy to find fresh information in media. The telecommunication giant CEO is one of the most popular and highly paid corporate officers in Kenya. There are no comments at the moment, do you want to add one? As the Group Chief Executive Officer and Executive Director of Woolworths, the total compensation of Ian Moir at Woolworths is R30.6m. Top 10 Highest Paid CEOs in South Africa (2021), Top 10 Richest Music Artists in South Africa (2021), 2. Johan Petrus Burger is a South African businessman and the CEO of FirstRand Limited FirstRand Limited, together with its subsidiaries provide banking, lending, insurance and investment products and services to retail, corporate, and public sector customers. Across the 350 largest companies in the United States, the average CEO made $14.5 million in … With biographies of some prominent Nigerians under his belt (Avante Garde: DJ Jimmy Jatts, The Legend: Shonibare), he is familiar with their whims; one, an entertainer, was notorious for never making it on schedule; another travelled out of the country on a day he was to meet his biographers and stayed for months; and yet, another treated his chroniclers as if he was doing them a favour, plus he was very arrogant, “supercilious like a camel,” someone later sniffed. with 18,000+ franchises. He is CEO of a company hailed as Africa’s leading indigenous energy solutions provider. In 2009, Forbes ranked her the 14th most powerful woman in the world. Neither did Avuru Senior enjoy good health in his last days. Below is a list of the top highest paid CEOs in Africa. Citigroup CEO Michael Corbat was paid $25.5 million in fiscal 2019. The last rating of such was drawn up in 2016. Corbat has held the position since 2012. SABMiller CEO-Graham Mackay $ 1,401,073 Adewale Tinubu – CEO, Oando Plc. ... (UK) and WAPCO (now Lafarge Africa), which he led as Managing Director/CEO for a decade before taking up the appointment as Managing Director/CEO of the National Electric Power Authority. It was one of the proudest moments of his life, the donnish, be-gowned and be-spectacled professors lending an academic ambience to an event led by the Vice Chancellor himself. He earns R11.8 total earnings. Cameroonian president Paul Biya tops the list of the highest paid heads of state in Africa with a monthly salary of Sh5.3 million. Last year, his pay dropped by 75 percent to Sh. This country – famous for its rugged, breathtaking scenery and rich, diverse wildlife – is a gold mine for professionals. Another unbelievable annual earning: $108ighest,282,333. The only surviving copy, it turned out, vanished without a trace, like a mirage as if Avuru Senior never even existed. Unfortunately, Zambia has experienced political instability that has adversely affected … Growthpoint, a property company whose Chief Executive Officer Norbert Sasse earns a total salary of about R25.3m. This is an estimation of the total take-home per annum of the top highest-paid CEOs in South Africa according to recently published reports. 50 Highest Paid CEOs in 2019 Grant Suneson 5/15/2020. Austin Avuru is CEO of Seplat Petroleum, one of a few O&G companies in Nigeria quoted on the NSE and LSE. 4. And then, there is the halo of simplicity around him, his modest carriage, the jokes he recalled about his growing years at home, at Orogun Grammar School, a jogging distance from Abbi, his university days as a Geology student, his active membership in the Student Union and a social club at Nsukka, his professional life as a leading man in the O&G industry, the sail overs and the pitfalls, warts and all. by Emeka Nweze April 27, 2019. When you give and you see the satisfaction in the person you give to, you pay somebody’s school fees…it gives me a lot of psychological satisfaction to have something to spare and what you have to spare becomes very useful to someone else. 2. SHARES. Here are the top 10 highest paid CEOs in South Africa as of 2014. is a reasonable enough title for a book, you imagine, about an individual whose ambition, after retirement as CEO of Seplat next June, is to devote much of his time to completing the school to be run by Jesuits, modelled after similar institutions known for their academic rigour. Without further ado, here are the top 15 highest-paid CEOs making their mark in the world. With real names as Aliaume Damala Badara Akon Thiam, Akon is the Forbes richest musician in Africa. Slightly edging out Robert Iger in the 10 highest paid CEOs in the world in 2019 is John J. Legere, CEO of T-Mobile US (NASDAQ: TMUS). READ ALSO: ‘I Try To Keep Fit But I Have Very Thick Skin’ – Plus Size Nollywood Actress, Eniola Badmus Cries Out Before you get too upset, that seven-figure pay out is likely an aberration. “He was tall and dark,” they told him, adding that “he was a leader, he was always the one that brought people together and got them to work as a team.”. South Africa boasts a lot of successful CEO’s in almost every sector – banking, oil and gas, sports, health and manufacturing. CEO Pay continued to dominate the AGM season in 2019. Aspen Pharmacare founded in 1997 trades on the Johannesburg Stock Exchange and it markets generic medicines in over 150 countries. In the local tech sector, former MTN CEO Sifiso Dabengwa’s R28 million pay in 2014 lead the charge (27th overall), followed by Datatec CEO Jen Montana with R19.3 million. Jane must be one of the best paid women in Kenya's corporate sector. CEO Pay continued to dominate the AGM season in 2019. Stephen Avuru himself was not educated but ensured his children went to school in Ipetu Ijesa where he relocated from Abbi in Delta state, following the trail of pioneer migrants who found themselves in faraway present-day Ekiti and Osun states. Apart from its choice listings, Seplat Petroleum, industry analysts often say, is the highest paying industry today in Nigeria. After the first few interviews, Toni Kan adlibbed in one of our post mortems that the subject was a different kind of CEO, at least, a Nigerian CEO. Among the invited guests in the school’s auditorium, his mother, uncle and wife-to-be watched keenly and admiringly from the stand. 1. Augustine Ojunekwu Avuru – MD/CEO Seplat Plc The company Austin Avuru presides over is not doing particularly badly. 2. At that age, he knew something tragic had happened but it never registered in his young mind he would be fatherless for the rest of his life. But Austin Avuru is anything but that. Mark V. Hurd (Deceased) His amazing earning in a year was $108,295,023. Below is top 10 list of highest-paid CEOs in South Africa:-. While 2020 might see a freeze in CEO salary, 2019 was a … #4.Bob Collymore. The first was an office in Ikoyi and the second a well-appointed residential building in Lekki Phase One. Two or three of Austin’s uncles and aunties would die prematurely as well – at about 50, 58, 69. Augustine Avuru, the co-founder and CEO of Seplat Petroleum Development Company Plc, is the highest-paid director in his company, and second highest in Nigeria for the year 2019. It was mandatory for fresh graduate employees in the company to go through a learning process – exploration, geophysics, geology, petroleum engineering and engineering – at the end of which they write exams every week for four months. South Africa has the highest paid gap, this is the most highest paid CEOs in the country. Austin himself is reputed to be the highest paid CEO in Africa, according to a BBC report of December 2018. Losing a father at six isn’t anyone’s great idea of starting out life. Following the establishment of FirstRand Limited in1998, he succeeded Sizwe Nxasana who retired as CEO in 2002. His salary has however been fluctuating over the past two years. by Emeka Nweze April 27, 2019. The total compensation of Johannes Burger at First Rand is R63.3m. The only memory of his late father is sitting astride his shoulders at four, breathing in the scent of his hair pomade, as they made the rounds in their neighbourhood in Ipetu IJesa. 2. Now, there was the student he had mentored for years stepping up to the podium to receive the prize as the best out of more than three dozen others in courses and exams presided over by teachers and examiners from across the O&G industry. She is the first African-American woman CEO to head a Fortune 500 company. Named GMD Prize in honour of Aret Adams who was GMD then, there were 40 newly recruited NNPC staff: geologists, petroleum engineers who wrote the exams. African Rainbow Minerals is a mining company, and Mike Schmidt the CEO earns about R29.3m. A series of Q&A spread over weeks, he recalled, in sequential order, his life from infancy through adolescence to adulthood for a forthcoming biography, A Safe Pair of Hands. Jubril Adewale Tinubu, CEO, Oando Plc. ), he is familiar with their whims; one, an entertainer, was notorious for never making it on schedule; another travelled out of the country on a day he was to meet his biographers and stayed for months; and yet, another treated his chroniclers as if he was doing them a favour, plus he was very arrogant, “supercilious like a camel,” someone later sniffed. Kasikornbank's Banthoon Lamsam was paid a little over $211,000 in 2017 and was the highest-paid at any company headquartered in Thailand, though he failed to crack the Asia top 50 list. He wore bespoke traditional dresses common in the Niger Delta without the ostentatious gold buttons and wide-brimmed hats, and almost always in muted colours with nifty black shoes. You have entered an incorrect email address! Sifiso N. Dabengwa joined MTN in 1999 and in March 2011, he became the CEO and president of MTN Group Ltd. 4.Clarence Otis, Jr. Otis, Jr. runs Darden Restaurants, an org. SHARE. There were no hesitant moments as you expect, sometimes, in maiden meetings between biographers and their subjects. United States CEOs of South Africa: - last rating of such was drawn up in 2016 is.... For its rugged, breathtaking scenery and rich, diverse wildlife – is a company. In 1983 salaries by city, experience, skill, employer and more for its rugged, breathtaking scenery rich... 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