NEPI top management incomes in 2012
CEO NEPI from 2007, Martin Slabbert received in 2012 EUR 195,267 pay checks, while Dan Pascariu, non-executive member in the Administration Council, had a monthly average income of EUR 2,500.
Slabbert’s income increased with approx. 16% comparing to 2011, according to the fund’s financial report. He represents one of the NEPI’s founders, one of the most active real estate investors in Romania in the last years, with a portfolio value over EUR 600 million. NEPI’s real estate portfolio includes Floreasca Business Park (Bucharest), City Business Center (Timisoara) and The Lakeview (purchased this year) as well as the shopping centres Promenada Braila, Ploiesti Shopping City, Retail Park Auchan Pitesti.
Victor Semionov, NEPI’s CFO from 2010 and one of the founders, received in 2012 EUR 88,533, with 12% more than in 2011.
Desmond de Beer, Dewald Joubert, Michael Mills and Jeffrey Zidel are also non-executive administrators in NEPI, from 2008, 2007, and 2009. De Beer previously worked for Barclays Bank and Barclays Trust, and he is currently CEO of Resilient Property Income Fund Limited and Capital Property Fund, companies listed at the Johannesburg stock. He received EUR 30,670 pay check from NEPI in 2012.
Joubert, former lawyer, currently has several non-executive functions in the administration councils of a number of companies. For his activity within NEPI, Joubert received EUR 27,069 in 2012.
Zidel, a successful real estate developer and investor, currently holds the position of CEO of Fortress Income Fund Limited and of Property Index Tracker Managers Limited, both listed at the Johannesburg Stock. He received from NEPI EUR 32,210 in 2012. (source: wall-street.ro)