South Africans took to social media this week to respond to Bob van Dijk’s massive R1.5 billion pay as Naspers CEOBusiness Tech reports that Bob van Dijk, who stepped down as CEO of Naspers and Prosus on Monday, 18 September earned over R1.5 billion in salaries, bonuses, and long-term incentives.

The publication adds that Van Dijk, who joined the companies in 2014 received on average more than R470,000 a day during his nine-year-term.

 

According to Daily Investor, the companies revealed to the shareholders on Monday morning that their boards mutually agreed that Van Dijk will effectively resign as CEO.

“Van Dijk has agreed to assist with the transition after this date and will remain as a consultant to the group until 30 September 2024,” said the companies.

“He established the group as a leading global consumer internet company, creating significant value for shareholders. The boards sincerely thank Bob for his leadership and contribution,” said Naspers and Prosus.

It is reported that Ervin Tu, who is currently the Group Chief Investment Officer at Naspers and Prosus will assume the role of interim CEO of both companies.

Rorisang Mnisi: “South Africa is the most unequal country in the entire world.”

Louise Ann Brummer: “It’s been happening for years and years and they bemoan and fight to give the staff a living wage….. just sad 😢😢😢 I was a “staff” and always will stand up for “us”. “

B Tumelo Kanyane Matlala: “Louise Ann Brummer it’s really not fair… Some people’s annual salary is R60 000, work force who are on the ground ensuring the companies succeed, and here there is a guy earning more than 400k a day…. This is injustice.”

Andile Mtsweni: “Well-deserved being the CEO of such a big company is not an easy Job some ppl will not understand they think you’re just sitting at the office and doing nothing.”

Marius De Villiers: “Come on, it clearly indicates the rate at which people get ripped off regarding the tariffs charged for service delivered. Customers are responsible for their income. No wonder people are starving on worldwide scale. And still, they enjoy the support of their victims as if it matches the norm for that matter.