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How CEOs of Kenya's listed firms hide their pay details
Sameer Africa managing director Allan Walmsley. Tyre distributor Sameer Africa has raised the bar for disclosure of board of directors’ pay among listed firms. FILE PHOTO | NMG
Tyre distributor Sameer Africa #ticker:FIRE has raised the bar for disclosure of executive pay with the publication of detailed accounts of what each took home, turning the spotlight on the large number of public listed companies that have been using multiple tactics to hide what the top bosses earn.
The Nairobi Securities Exchange-listed firm, in its annual report, details emoluments to each of its board member, including the CEO Allan Walmsley.