Who is the CEO of Shoprite?
1. Pieter Engelbrecht, born on January 1, 2017
A. Basson, Whitey
On January 8, 1946, James Wellwood Basson was born in Porterville, Western Cape, South Africa. He received his education at Stellenbosch University and is now employed as a businessman.
CEO of Shoprite, for short
South African city of Cape Town
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Kate Leslie, the Head of Rewards at Shoprite, Larry Collins, the President, and Photy Tzellios, the Supply Chain Director, are all members of the Shoprite management team.
An increase from R2.5 million to R65 million ($492,111) in 2020 to R12 million ($771,400) in 2021 is estimated. Because Engelbrecht’s actual result was 112 percent of the objective established by the board, the short-term reward is tied to the success of the retail giant throughout the fiscal year. Each month, Engelbrecht brought in a total of approximately R2.5 million, which is equivalent to 161,000 dollars.
Even as late as 2019, he had a total income of R21.3 million. On Monday, the firm released its annual report, which revealed that Engelbrecht, who has been serving as CEO of Shoprite since 2017, received a guaranteed salary of R16.6 million. This figure represents a decrease from the compensation he received in the previous year.
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It is Shoprite Holdings Ltd.
During the fiscal year 2022, public revenue was R92.9 billion.
Interim net income of R2.7 billion for the fiscal year 2022
The total number of workers exceeds 149,000 (as of January 2, 2022)!
It is necessary to possess the following to work in a Shoprite store:
Tenth through twelfth grade (or its equivalent) is the minimum requirement. The Shoprite Group retains the responsibility to carry out Employee Verification Checks, which may include, but are not limited to, Credit Checks and Criminal Background Checks.
Three hundred sixty thousand dollars per hour… Every day, 8.64 million are… It is clear to you now. Incredible work by Shoprite!
In contrast to the minimum wage of M1 300 mandated by law, Shoprite employs general workers with a monthly salary of M610.
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