Safaricom C.E.O Peter Ndegwa takes home 288 million as salary

Ndegwa received Sh. 178.8 million in bonuses during the year, a 98 per cent increase from the Sh 90 million he took home the previous year.

• Ndegwa took over after the former boss Bob Collymore succumbed to Cancer.

Peter Ndegwa
Image: Courtesy

Ever wondered how much Safaricom CEO Peter Ndegwa takes home as salary?

According to Business Daily, The communications boss took home Sh 288.9 million salary  in the financial year ended March 35, 2022.

This was a 43 per cent growth from the Sh. 202 million he earned in the financial year 2020. This put his total at an average of Sh. 24.075 million per month.

Ndegwa received Sh. 178.8 million in bonuses during the year, a 98 per cent increase from the Sh 90 million he took home the previous year.

In his first salary as Safaricom CEO Last year, every month, Ndegwa earned a salary of Sh. 16.79 million.

His basic pay for the year ended March 35, 2021, stood at Sh. 102.3 million.

He then received an additional Sh. 90 million bonus and Sh.9.2 million in non-cash benefits. 

Ndegwah first pay at Safaricom was higher than what the late Safaricom chief executive officer Bob Collymore earned in his Last year as CEO.

Figures showed that Ndegwa's salary was higher by Sh. 590,000.

The former Safaricom C.E.O succumbed to cancer. Peter Ndegwa replaced him.
Bob Collymore. The former Safaricom C.E.O succumbed to cancer. Peter Ndegwa replaced him.
Image: Facebook

 

Below are things you did not know about the man who leads the biggest Communication company in Africa.

1. He runs three times a week which adds up to 25Kms

2. If he could, he would like to become Tiger Woods for a day

3. His favourite holiday destination in Kenya is Watamu.

4. His favourite restaurant is INTI, a Japanese-Peruvian restaurant. He also likes Mandhari Restaurant, Serena Hotel.

5. His favourite scent is “Sauvage Dior.”

6. He is a long-suffering and die-hard Arsenal fan.

7. His favourite artiste is Nikita Kering.

8. His hidden talent is taekwondo.

9. His advice to his younger self would be, "Be more patient to yourself".

10. He wanted to be a Provincial Commissioner when he was younger.

11. The book he would recommend to a fellow CEO is 'Grit; The Power of Passion and Perseverance', by Angela Duckworth.

12. In his opinion, what makes love last is trust. 

13. 3 people he would meet for dinner if given a chance were; the late Nelson Mandela, golfer Tiger Woods and former US President Barack Obama.

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