South African tycoon Niall Lynch gains $10 million from Motus
South African tycoon Niall Lynch’s Motus stake rises above $31 million as shares climb 50% on renewed investor confidence and global expansion.
Motus Holdings
South African executive Niall Lynch earns $1-million salary in 2023
Lynch’s 2023 compensation package reflects a 53.69-percent increase compared to the previous year’s total reward of R11.81 million ($0.62 million).
South African executive Ockert Janse van Rensburg pockets $2.3-million salary
This reflects a significant 60.95-percent increase from the previous year’s $1.43 million, emphasizing van Rensburg’s crucial role in driving Motus’ financial success.
South African executive Kerry Cassel earns $1.6-million salary in 2023
Cassel joined Motus in 2002 after serving as an audit manager at Deloitte & Touche.
Stake of Hyundai Automotive South Africa CEO Niall Lynch in Motus declines by $7.55 million
The $7.55-million loss came off the back of a sell-down in the company’s share.