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KCB CEO Joshua Oigara To Exit KCB after AGM
My 2 cents
#11 Posted : Sunday, June 05, 2022 11:14:58 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
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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