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KCB CEO Joshua Oigara To Exit KCB after AGM
watesh
#1 Posted : Tuesday, May 24, 2022 10:12:54 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 969
Location: Kenya
Joshua Oigara is set to leave KCB this week and be replaced by NBK boss Paul Russo

https://www.pd.co.ke/new...r-10-year-tenure-128143/
My 2 cents
#2 Posted : Tuesday, May 24, 2022 3:04:40 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!
sparkly
#3 Posted : Tuesday, May 24, 2022 11:51:05 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights
Life is short. Live passionately.
Impunity
#4 Posted : Wednesday, May 25, 2022 12:29:54 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
sparkly wrote:
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mawinder
#5 Posted : Wednesday, May 25, 2022 9:49:37 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Impunity wrote:
sparkly wrote:
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?
obiero
#6 Posted : Tuesday, May 31, 2022 8:15:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
mawinder wrote:
Impunity wrote:
sparkly wrote:
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
My 2 cents
#7 Posted : Tuesday, May 31, 2022 8:50:41 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
obiero wrote:
mawinder wrote:
Impunity wrote:
sparkly wrote:
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification


Pray tell. Why is he paid more than safaricom CEO????
Lots of employees involved in creating value, why load 200M on one employee? Why is it not in line with other banks? Should bonus not be 2X of a bank that is half the size? Why is it so off?

Excessive CEO compensation is not a good corporate governance indicator. So anyone that wants to see the NSE take off some time in the future should be championing sensible CEO compensation.
obiero
#8 Posted : Tuesday, May 31, 2022 10:44:55 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
My 2 cents wrote:
obiero wrote:
mawinder wrote:
Impunity wrote:
sparkly wrote:
My 2 cents wrote:
They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification


Pray tell. Why is he paid more than safaricom CEO????
Lots of employees involved in creating value, why load 200M on one employee? Why is it not in line with other banks? Should bonus not be 2X of a bank that is half the size? Why is it so off?

Excessive CEO compensation is not a good corporate governance indicator. So anyone that wants to see the NSE take off some time in the future should be championing sensible CEO compensation.

Is it really a fact that the Safaricom CEO earns way less than the KCB CEO? https://www.standardmedi...o-these-ceos-really-earn

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
My 2 cents
#9 Posted : Sunday, June 05, 2022 1:21:45 AM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
obiero wrote:
My 2 cents wrote:
obiero wrote:
mawinder wrote:
Impunity wrote:
sparkly wrote:
[quote=My 2 cents]They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification


Pray tell. Why is he paid more than safaricom CEO????
Lots of employees involved in creating value, why load 200M on one employee? Why is it not in line with other banks? Should bonus not be 2X of a bank that is half the size? Why is it so off?

Excessive CEO compensation is not a good corporate governance indicator. So anyone that wants to see the NSE take off some time in the future should be championing sensible CEO compensation.

Is it really a fact that the Safaricom CEO earns way less than the KCB CEO? https://www.standardmedi...-these-ceos-really-earn[/quote]

Get the figures from company annual reports NOT newspaper articles.
2021 Safaricom Annual Report - Peter Ndegwa's (CEO) TOTAL pay 201.54 Million. Less than Oigara's bonus.
obiero
#10 Posted : Sunday, June 05, 2022 4:02:30 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
My 2 cents wrote:
obiero wrote:
My 2 cents wrote:
obiero wrote:
mawinder wrote:
Impunity wrote:
sparkly wrote:
[quote=My 2 cents]They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification


Pray tell. Why is he paid more than safaricom CEO????
Lots of employees involved in creating value, why load 200M on one employee? Why is it not in line with other banks? Should bonus not be 2X of a bank that is half the size? Why is it so off?

Excessive CEO compensation is not a good corporate governance indicator. So anyone that wants to see the NSE take off some time in the future should be championing sensible CEO compensation.

Is it really a fact that the Safaricom CEO earns way less than the KCB CEO? https://www.standardmedi...-these-ceos-really-earn[/quote]

Get the figures from company annual reports NOT newspaper articles.
2021 Safaricom Annual Report - Peter Ndegwa's (CEO) TOTAL pay 201.54 Million. Less than Oigara's bonus.

KES 201.54 million is a lot too. Use comparative analysis within and without the industry, across the continent. Do not get sucked into an argument without all the facts

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
My 2 cents
#11 Posted : Sunday, June 05, 2022 11:14:58 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
obiero wrote:
My 2 cents wrote:
obiero wrote:
My 2 cents wrote:
obiero wrote:
mawinder wrote:
Impunity wrote:
sparkly wrote:
[quote=My 2 cents]They should dial down the CEO compensation with Oigara's exit.
200 million per year as bonus is simply ridiculous!


New CEO should be paid more to drive the company to higher heights

Laughing out loudly Laughing out loudly

Kshs 200m bonus per year?What special thing does he do?

KES 1trillion in assets and a multinational, delivering over KES 50B in PBT isn't a small company. Maybe comparison with similar sized firms continentally/globally will reveal the pay justification


Pray tell. Why is he paid more than safaricom CEO????
Lots of employees involved in creating value, why load 200M on one employee? Why is it not in line with other banks? Should bonus not be 2X of a bank that is half the size? Why is it so off?

Excessive CEO compensation is not a good corporate governance indicator. So anyone that wants to see the NSE take off some time in the future should be championing sensible CEO compensation.

Is it really a fact that the Safaricom CEO earns way less than the KCB CEO? https://www.standardmedi...-these-ceos-really-earn[/quote]

Get the figures from company annual reports NOT newspaper articles.
2021 Safaricom Annual Report - Peter Ndegwa's (CEO) TOTAL pay 201.54 Million. Less than Oigara's bonus.

KES 201.54 million is a lot too. Use comparative analysis within and without the industry, across the continent. Do not get sucked into an argument without all the facts


I have done my homework. Precisely why I raise the issue.
Sir invest
#12 Posted : Friday, June 17, 2022 5:22:51 PM
Rank: Member


Joined: 8/19/2015
Posts: 125
Waiting this share at sub 30
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