South African mining CEO pay increased 12-fold during the decade to 2012 at the same time as dividends fell by 25%

Gavin Wendt

South African mining CEO pay increased 12-fold during the decade to 2012 at the same time as dividends fell by 25%. South African fund managers are taking mining companies to task for excessive pay and underperformance. The figures above are attributed to Michael Schroder, a fund manager at Old Mutual Plc.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...

Expertise

No areas of expertise

Comments

Please sign in to comment on this wire.