Discovery Bank CEO out-earns Group CEO for fourth year running
Kallner's remuneration over that period tops R220m (versus Gore's R134m) due to bank's outperformance
Discovery Bank's Chief Executive Officer Hylton Kallner earned a total remuneration of R51.3 million for the 2026 financial year, surpassing Group CEO Adrian Gore's total remuneration of R37.5 million. Kallner's remuneration package included a base salary of R10.086 million, retirement fund contributions of R751,000, other benefits worth R308,000, performance/cash bonus amounting to R13.168 million, and long-term incentive plan (LTIP) valued at R13.168 million.
Gore's compensation comprised a base salary of R7.0834 million, retirement fund contributions of R747,000, other benefits of R391,000, performance/cash bonus of R9.414 million, and LTIP valued at R11.140 million. Over the past four years, Kallner's total remuneration reached R223.6 million, while Gore's total was R134.28 million, making Kallner's earnings more than double that of other executives like Vitality Group's Barry Swartzberg and Group CFO Deon Viljoen.
The remuneration committee of Discovery Bank adjusted Kallner's OPSI and profit targets in their composite to ensure his package remained market competitive, following a benchmarking exercise.
Written by urgent.news from The Citizen's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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