Safaricom boss Bob Collymore reveals his shocking salary and perks
Safaricom Chief Executive Officer Bob Collymore has earned Sh110 million ($1.07 million) in the last 12 months and holds assets worth Sh277 million ($2.7 million), according to his wealth declaration form uploaded on the company’s website.
The document shows that he was paid a salary (employment income) of Sh109 million ($1.07 million) and Sh591,600 ($5,800) from dividends and interest income.
Quick calculations reveal that Mr Collymore made more than Sh9 million a month as salary from Safaricom.
Mr Collymore also owns land and buildings (residential house) in London, England worth Sh54 million ($530,000), Sh20.7 million ($203,000) as cash balances in local banks and Sh95.4 million ($935,000) in UK banks.
The CEO further holds Safaricom shares valued at Sh18.4 million ($180,000) and Vodafone PLC shares worth Sh88.8 million ($871,000).
A fortnight ago, Mr Collymore promised on Citizen TV to declare his wealth moments after President Uhuru Kenyatta unveiled a multifaceted plan to fight corruption, involving public and private sector.