{
  "id": 7518535,
  "title": "Shoprite execs get R115m in shares",
  "url": "https://urgent.news/2026/09/15/shoprite-execs-get-r115m-in-shares-7518535",
  "topic": "world",
  "section": "World",
  "published": "2026-09-15T09:30:16.000Z",
  "source": {
    "name": "The Citizen",
    "slug": "the-citizen",
    "url": "https://www.citizen.co.za/business/shoprite-execs-get-r115m-in-shares/"
  },
  "original_language": "en",
  "account": "Thirteen Shoprite Holdings executives recently received share awards valued at R115 million, a significant portion of which went to the company's top leaders. CEO Pieter Engelbrecht took home the largest share, receiving R35.5 million in award-linked shares, while CFO Anton De Bruyn received R26.3 million. The majority of these awards came from three programs: the executive share plan, short-term deferred incentives, and retention share awards. De Bruyn even transferred a portion of his short-term deferred shares to his wife, Zyla, as well as nearly 37,000 shares to the Lazz Family Trust, of which he is a beneficiary. The shares were valued at R11.5 million on Friday. Engelbrecht also received R20.019 million in total remuneration for the 2025 financial year, up 6% from the previous year.",
  "summary": "CEO and CFO bag about half that value...",
  "key_points": [
    "Thirteen Shoprite executives received R115m in shares",
    "CEO Pieter Engelbrecht got R35.5m in award-linked shares",
    "CFO Anton De Bruyn received R26.3m in shares"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}