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

Gavin Wendt
Gavin Wendt MineLife

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.

Comments

Please sign in to comment on this wire.