Gerrie Fourie banks R155 million farewell after a decade leading Capitec
Former Capitec chief executive Gerrie Fourie banked a R155 million farewell package after a decade leading South Africa's largest bank by client base.
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Former Capitec chief executive Gerrie Fourie banked a R155 million farewell package after a decade leading South Africa's largest bank by client base.
Gerrie Fourie, former Capitec CEO, becomes STADIO board director to boost student access nationwide.
Capitec’s longtime CEO Gerrie Fourie exits with $8.2 million payout after growing the bank into a $22.42 billion retail leader.
Graham Lee takes over as Capitec CEO as Gerrie Fourie steps aside, remaining an adviser to support the bank’s global and digital growth plans.
Capitec to pay $47.6 million to three South African shareholders
This reflects his role in steering the bank through a period of significant growth, strengthening its position as a leader in the country’s financial sector.
This marks the end of more than a decade-long tenure in which he played a key role in transforming Capitec into the country’s leading digital bank.
Capitec Bank's decision to cap Capitec Pay commission fees at $0.37 per transaction aims to support businesses and boost South Africa’s expanding e-commerce sector.
As Capitec Bank’s CEO, Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
This uptrend adds to his previous gains, with his stake increasing by $8.6 million between Jan. 4 and Mar. 9.
Fourie’s stake in Capitec Bank has risen by R2.16 billion ($8.63 million) over the past 65 days, solidifying his position among South Africa’s top executives.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank, or 1,027,673 ordinary shares.
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.