• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Precious Metals Market
Precious Metals News
Precious Metals Stocks
  • Precious Metals Market
  • Precious Metals News
  • Precious Metals Stocks

Impala Platinum CEO One of Industry's Lowest Paid

Teresa Matich
Jan. 08, 2016 10:49AM PST
Precious Metals Investing

Business Day reported that Impala Platinum (JSE:IMP) CEO Terence Goodlace is still one of the industry’s lowest paid. The CEO recently rejected a bonus or salary increase.

Business Day reported that Impala Platinum (JSE:IMP) CEO Terence Goodlace is still one of the industry’s lowest paid. The CEO recently rejected a bonus or salary increase.
As quoted in the publication:

Mr Goodlace, who joined Implats, the world’s second-largest platinum miner, in 2012, has declined to increase his salary or agree to accepting a bonus since that time, narrowing the ratio of his remuneration to that of the lowest level underground worker to 37-times last year from 41-times in the previous year.
Other platinum companies do not include similar ratios in their annual reports, making it difficult to compare CEO salary packages on the basis of what the head of the company earns relative to underground employees, a matter that is often a point of friction between management and the unions when CEOs take home enormous amounts of money, particularly in difficult times.

Click here for the full article.

impala-platinum
The Conversation (0)

Go Deeper

AI Powered

Impala Platinum Holdings

Implats to Return to Annual Profit Thanks to Platinum Price Rise

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES