PPC chief executive’s pay reduced

PPC chief executive’s pay reduced
Published: 21 December 2004

Pretoria Portland Cement (PPC) had reduced the pay of its chief executive, John Gomersall, by 12 per cent in the year to September, even as profit at Africa’s biggest cement maker surged by 25 per cent to R786 million.
Gomersall was paid R5.6 million in salary, bonus, pension and share options, PPC said.