Shoprite CEO Pieter Engelbrecht took home a total pay package of R64.66 million (including long-term incentives, like share allocations) in the 2023 financial year - just over half of the staggering R122.4 million Woolworths CEO Roy Bagattini earned in the same period.
Even without long-term incentives, Bagattini still earned R10 million more than Engelbrecht, the annual reports of both companies showed.