The American was paid about 15 million euros last year. But one man stands out: Bob van Dijk.
The group’s nonexecutive directors were also paid well in 2018. One hopes it is a fireproof post box, as its only job is to keep the share certificate safe. In the case of such a large company this company could be led by rotation and do just as well.I’d certainly turn it down for that.
According to Telegraph, Van Dijk will be earning a weekly basic wage of £124,658 with a £6 million bonus on signing.
The very, very dark face of capitalism this and I’m a hardcore capitalist!The “old” Naspers senior guys ran a business and did it well as they grew Multichoice, tried 9and failed) with M-Web, but found some gems to invest in. Chairman — and former CEO — Koos Bekker received a total $549 000 for his services.
We all want to do well but do the shareholders of Naspers deserve to be almost R2 billion poorer because some swanky MBA watched Tencent go big?
Not much is known about Bob Van Dijk house and other assets. He also received almost $2-million in long-term awards.That’s by no means where the story ends, though.Van Dijk’s base salary in 2018 was $1.3-million, up from $1.1-million in the 2017 financial year, according to the group’s 2018 annual report, which was published on Friday.The annual report shows a staggering R830.4-million worth of share options — a total of 284 031 shares — also vested to him during the financial year.Director Mark Sorour — who stepped down as an executive at the end of the financial year — received a salary and bonus of $2.6-million.© 2009 – 2020 NewsCentral MediaHe received $1.1-million in bonuses, up from $973 000 in the prior year. Especially as it seems to tough.To be fair, tne tactical and strategic operations of TenCent are, contrary to popular belief, run from an office in Babalyonstoren via an AI uplink in a dutch autonomous territory tax shelter that beams 845,000 instructions per second to China. In addition, more than 290 000 Naspers N share options became vested to Van Dijk with a release value of R955.4 million. Bob Van Dijk is Chief Executive Officer at Prosus NV. Either the Dutch or South African thank TenCent // unless the structures are held via a post box in a tax haven. Easy PR 101I’m sure nobody would have taken this job for less, like half a billion, say.Naspers chairman Koos Bekker received $575 000 (R8 million) in director’s fees, up from $549 000 in 2018.Frankly disgusting. The highest-paid nonexecutive director was Nolo Letele, who took home $689 000.And various share appreciation rights worth a total of $46.2-million (R621.8-million) also vested, bringing the total (excluding the long-term share incentives awarded during the year — these will only vest later) to just shy of R1.5-billion (assuming an exchange rate of R13.45/$).Van Dijk earned US$2.4-million (R32.2-million) in salary and bonuses in 2018, though if long-term share incentives awarded during the year are included, the figure rises sharply to $12-million (R162.1-million).Chief financial officer Basil Sgourdos, meanwhile, received a salary of $862 000, up from $828 000 before, while his bonus rose by $443 000 to $605 000, taking his payout to $1.5-million. See Bob Van Dijk's compensation, career history, education, & memberships. For short-term incentives, this includes more information on performance goals and level of achievements.Naspers Group is making its CEO a very rich man.
The annual cost of this in the 2019 financial year was $78 million, up from $22 million in 2018.Of course, that’s not money in the bank until he exercises those options and SARs. He is also given paycheck per clean sheet the team keeps as well as £20,000 for every goal he scores. Based on the remuneration report of 2019, Bob van Dijk salary, benefits, pension, and incentives was reported to be $137 million, which is equivalent to R1.9 billion. About $56.1 million (R781.1 million at the time of writing) worth of share-appreciation rights (SARs) also vested, for a total of more than R1.7 billion.To avoid shareholder dilution under the LTI plan, Naspers has implemented a share purchase programme.
Bob van Dijk received almost R1.9 billion in salary, incentives, and vested share options and shares appreciation rights in the year to March 2019, a regulatory filing published on Friday shows.I get it that these guys must have “some skin in the game” and that relative to others he is not being overly remunerated.Seems that you mainly just have to watch the Tencent share price.Naspers has made several changes to its remuneration policy in 2019, including a minimum shareholding requirement for the CEO of 10 times annual salary, which Van Dijk met in both the 2018 and 2019 financial years.He received the equivalent of about R180 million in base pay, pension and incentives in the 2019 financial year.
The CEO of Naspers received almost R1.5-billion in salary, bonuses and vested share options and appreciation rights, during the 2018 financial year, which ended on 31 March, the group’s latest annual report shows. Virgil Van Dijk Net Worth and Salary. The LTIs are calculated at fair value based on the estimated value of the option on grant date — the actual value accruing to him will depend on the “real value created over the term of the option”.Needs the money to repay a R6.3bn loan backed by the PIC.It has also improved disclosure, with a clearer link between strategy, performance, remuneration design and remuneration outcomes.
Together with Rike, Van Dijk shares a lovely four-year-old daughter Nila. The bulk comprises options, see below. Bob van Dijk is rolling in the riches.
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