CEO of Woolworths’ new chocolate maker gets massive R18.49 million bonus

• Kobus Gertenbach, the CEO of Premier Group, earned a performance bonus of R18.49 million for the 2026 financial year.
• The bonus was awarded due to Premier's strong financial growth and expansion through a major acquisition, including taking on Woolworths' chocolate and liquorice product ranges.
• Gertenbach's guaranteed pay will increase by 20% in 2027, with a 5.5% general salary increase and a 14.5% market-alignment adjustment.