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Remgro paid CEO Jannie Durand $13.8m in 14 years
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Remgro paid CEO Jannie Durand $13.8m in 14 years
Jannie Durand has been paid R227.6 million, about $13.8 million at current exchange rates, since taking over as chief executive of Remgro, the investment holding company chaired by South Africa's richest man, Johann Rupert.Durand was appointed on May 7, 2012, and runs the day-to-day operation of a portfolio valued at well over R100 billion. The figure covers fixed pay and long-term incentives across 14 financial years, according to the company's…
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