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CEO Compensation FY 2017
VituVingiSana
#1 Posted : Sunday, May 20, 2018 10:47:14 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mastermind
#2 Posted : Sunday, May 20, 2018 11:40:06 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
Mwangi (Equity) 60.478M
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
VituVingiSana
#3 Posted : Monday, May 21, 2018 9:08:13 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
Stanbic gets free CEO from head office

https://www.businessdail...1688-cnruexz/index.html >>> Why am I not convinced by this?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mastermind
#4 Posted : Monday, May 21, 2018 10:18:48 AM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
VituVingiSana wrote:
Stanbic gets free CEO from head office

https://www.businessdail...1688-cnruexz/index.html >>> Why am I not convinced by this?

Not really free but its 'hidden' under expenses payable to parent company. What formula do they use in determing franchise fees?
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
Ericsson
#5 Posted : Tuesday, May 22, 2018 10:30:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
VituVingiSana wrote:
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html


Benson Wairegi
Salary and allowances ksh.52500
Non cash benefits--ksh.1.134
Gratuity ksh.16,036,436
Toatl ksh.69,670,463
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Gatheuzi
#6 Posted : Tuesday, May 22, 2018 8:15:48 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
Ericsson wrote:
VituVingiSana wrote:
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html


Benson Wairegi
Salary and allowances ksh.52500
Non cash benefits--ksh.1.134
Gratuity ksh.16,036,436
Toatl ksh.69,670,463

Laughing out loudly Laughing out loudly Laughing out loudly ....smart!
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Swenani
#7 Posted : Tuesday, May 22, 2018 8:27:23 PM
Rank: User


Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
Mastermind wrote:
VituVingiSana wrote:
Stanbic gets free CEO from head office

https://www.businessdail...1688-cnruexz/index.html >>> Why am I not convinced by this?

Not really free but its 'hidden' under expenses payable to parent company. What formula do they use in determing franchise fees?


Most likely hidden under transfer pricing to reduce tax liability for the group

It is in the article
Quote:
In line with Standard Bank Group’s transfer pricing policy, Greg Brackenridge’s function is a group oversight role and therefore the majority shareholder, Standard Bank of South Africa Limited, bears all his employment costs and benefits,” Stanbic says in its latest annual report.
If Obiero did it, Who Am I?
Ericsson
#8 Posted : Friday, May 25, 2018 8:41:44 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
The one for Co-operative bank CEO will shock many
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#9 Posted : Saturday, May 26, 2018 11:16:10 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Gatheuzi wrote:
Ericsson wrote:
VituVingiSana wrote:
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html


Benson Wairegi
Salary and allowances ksh.52500
Non cash benefits--ksh.1.134
Gratuity ksh.16,036,436
Toatl ksh.69,670,463

Laughing out loudly Laughing out loudly Laughing out loudly ....smart!


Gideon Muriuki
Salary and allowances sh.94.1mn
Responsibility allowance sh.5.7mn
Bonus sh.270.7mn
Total sh.370.5mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#10 Posted : Saturday, May 26, 2018 2:31:15 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
Sarit Shah (I&M) 44mn
John Gachora (NIC) 98mn
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#11 Posted : Saturday, May 26, 2018 3:21:42 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
Ericsson wrote:
Gatheuzi wrote:
Ericsson wrote:
VituVingiSana wrote:
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html


Benson Wairegi
Salary and allowances ksh.52500
Non cash benefits--ksh.1.134
Gratuity ksh.16,036,436
Toatl ksh.69,670,463

Laughing out loudly Laughing out loudly Laughing out loudly ....smart!


Gideon Muriuki
Salary and allowances sh.94.1mn
Responsibility allowance sh.5.7mn
Bonus sh.270.7mn
Total sh.370.5mn



No wonder the guy keeps buying shares....must be this free mullaz
whiteowl
#12 Posted : Saturday, May 26, 2018 5:35:17 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
xxxxx wrote:
Ericsson wrote:
Gatheuzi wrote:
Ericsson wrote:
VituVingiSana wrote:
Some of these figures are crazy! [Please verify and let me know if they need to be corrected]

Oigara (KCB) 240mn [A lot of the business comes from its favored status with GoK]
Manjang (SCBK) 104mn
Awori (BBK) 89mn + lot of shares
Mutua (Eveready) 16mn [For what's essentially a loss making firm but for the sale of properties]
Githogo (CIC) 73mn
Ohana (KK) 150mn + Options worth 1bn+ over 6 years
Ireri (HF) 64mn [50% of the PAT]
Tarus (KPLC) 13.2mn
Ole Nkeri (EAPCC) 14mn
Mugo (KenGen) 26mn
Du Toit (Liberty) 100mn


https://www.businessdail...1636-ml67x3z/index.html


Benson Wairegi
Salary and allowances ksh.52500
Non cash benefits--ksh.1.134
Gratuity ksh.16,036,436
Toatl ksh.69,670,463

Laughing out loudly Laughing out loudly Laughing out loudly ....smart!


Gideon Muriuki
Salary and allowances sh.94.1mn
Responsibility allowance sh.5.7mn
Bonus sh.270.7mn
Total sh.370.5mn



No wonder the guy keeps buying shares....must be this free mullaz


End up owning millions of shares in a few years and dividends for life.
Ericsson
#13 Posted : Monday, May 28, 2018 2:17:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Wilfred Musau NBK
Salary--ksh.39.3mn
Allowances--ksh.8.7mn
Total--ksh.48mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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