Business News

Krka Management Dominates Top Ten of Best Paid Managers

Ljubljana, 07 May (STA) - Members of the management of the Novo-mesto based pharma company Krka dominate the top ten list of best paid managers in 2011, published by the daily Dnevnik on Monday. Next is conglomerate Sava, holding three spots in the top ten list.

The best paid manager in 2011 was Krka CEO Jože Colarič, whose pay topped EUR 659,000 gross. He is followed by Aleš Rotar, a member of the Krka management, with EUR 521,000 in gross pay, and the CEO of trucks dealer Scania Slovenija, Harald Woitke, with gross earnings of EUR 494,711.

The top ten, who together earned EUR 4m gross, is rounded off by two other members of Krka management, Zvezdana Bajc (EUR 474,000) and Vinko Zupančič (EUR 379,000), former Sava CEO Janez Bohorič (EUR 313,000), Probanka CEO Romana Pajenk (EUR 310,800), former members of Sava management Vinko Perčič (EUR 292,000) and Emil Vizovišek (EUR 291,000), and the CEO of the French-owned SKB bank, Andre-Marc Prudent (EUR 278,100).

According to Dnevnik, Colarič made it to the top of the list this year not because of the rise in his income, which increased by EUR 13,000 compared to 2010, but because the construction companies whose bosses dominated the list in the past years went bust.

The 100 best-earning managers who have revealed their pay for last year together took home EUR 21.1m in gross earnings. On average, each got EUR 17,600 gross a month.

According to Dnevnik, the figures published today will change somewhat in the coming months, as several managers head more than one company and sit on several supervisory boards. Meanwhile, some companies will delay the publishing of their annual report until autumn.

Among those who ranked high on the list in the past years but have not revealed their pay for last year yet are Herman Rigelnik (the ACH conglomerate), Gorazd Trček (Gorenjska banka), Roman Glaser (poultry producer Perutnina Ptuj), Bojan Papič (furniture chain Lesnina), and Boris Tomaž Šnuderl (Central Securities Clearing Corporation - KDD).

You might be also interested in:


We are here to help you.