Press Releases
Martin Westcott speaks to the Business Day about executive pay packages
Business Day 13 May:
SOUTH African executives do not receive “over-the-top” pay packages compared with their overseas counterparts, say corporate governance analysts. Executive compensation has come under fire again after Finance Minister Pravin Gordhan lashed out in Parliament this week at the generous pay packages of CEOs of large corporations and state-owned enterprises. He called for new parameters to be established. Martin Westcott says SA has one of the highest pay differentials in the world, compared with other jurisdictions. Gordhan is trying to create awareness around remuneration packages. Click here to read further.
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