Ramos paid no bonus by Transnet

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Steve Appleton
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Ramos paid no bonus by Transnet

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From Business Report, 25th August 2009:
http://www.busrep.co.za/index.php?fArticleId=5137079
Ramos paid no bonus by Transnet
August 25, 2009

Transnet cut the pay of former chief executive Maria Ramos and paid her no bonus before she left for Absa, an annual report showed last week. Ramos was paid R5.3 million in the year to March.

The firm reduced the pay in bonuses to all directors, with acting chief executive Chris Wells receiving the largest bonus at R2.8m, added to a basic salary of R4m.
- Bloomberg
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