Also included in the annual report are the annual compensation figures of executives and directors. South African companies seem to follow the trend of generous pension plans for executive officers. I wonder how their employee pension plans compare to the self funded and matching type 401k plans available to the majority of American employees?
Compensation of Gold Fields Directors and Officers including fees, performance pay, pension contributions and expense allowance (p208). Table is in U.S. Dollars converted from Rand using a conversion rate of 7.22 R/US$.
Executive directors |
|
Nicholas J Holland |
$ 4,528,757 |
Paul A Schmidt |
$ 1,217,871 |
Prescribed officers |
|
Z Amra |
$ 303,523 |
NA Chohan
|
$ 454,130 |
J Dowsley
|
$ 998,376 |
MD Fleischer |
$ 1,547,362 |
JL Kruger |
$ 1,929,697 |
T Mckeith
|
$ 1,661,494 |
KFL Moabelo
|
$ 611,024 |
TW Rowland |
$ 884,739 |
PV Schalkwyk
|
$ 499,916 |
PL Turner |
$ 1,412,249 |
R Weston |
$ 1,037,516 |
Non-executive directors |
|
Kofi Ansah
|
$ 125,758 |
Cheryl A Carolus |
$ 111,908 |
Roberto Dañino
|
$ 119,987 |
Alan R Hill |
$ 111,908 |
Richard P Menell |
$ 151,808 |
David N Murray |
$ 133,791 |
Donald MJ Ncube |
$ 138,135 |
Mamphela Ramphele |
$ 291,183 |
Rupert L Pennant-Rae |
$ 147,306 |
Chris van Christierson |
$ 55,961 |
Gayle M Wilson |
$ 158,271 |
Delfin L Lazaro |
$ 62,880 |
Matthews S Moloko |
$ 101,847 |
Total |
$ 18,797,395 |
For further information on the compensation packages for other mining executives see:
Newmont Mining Corporation - Executive and Director Compensation 2011
Rio Tinto Executive and Director Compensation 2011
Kinross Compensation for Senior Leadership
Cameco - Management Proxy Circular
Barrick Annual Shareholder Meeting Newmont Mining Corporation - Executive and Director Compensation 2011
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