CEO David Constable didn’t actually get a 68% salary increase – Sasol

The hefty increase in the salary of Sasol’s chief executive David Constable has elicited considerable comment. Including an outspoken piece by Johann Redelinghuys, doyen of SA’s Executive Search profession. We interviewed Redelinghuys on CNBC Africa’s Power Lunch today – click here to read the transcript of our discussion, and the article which has stirred the … Read more

UPDATED WITH INTERVIEW: SA’s top “headhunter”: Remco erred by lifting Sasol CEO David Constable’s pay 68% to R53m a year

Sasol’s Remuneration Committee must have considered the potential fallout before adding two thirds more to the already weighty pay packet of its imported CEO. But the Remuneration Committee of HG Dijkgraaf (chairman), Jurgen Schrempp, PJ Robertson, Hixonia Nyasulu and Imogen Mkhize were poorly advised on how to respond. Agreeing to a 68% salary hike for … Read more