Fourie exits Capitec with 8.2 million payout, including 5.62 million in 2025 salary and 2.43 million in dividends from his 0.89 stake.
Capitecs 2025 profit surged 575 to 742.5 million, up from 109.08 million in 2014, capping Fouries decade of digital-driven expansion.
Market value soared to 22.42 billion under Fourie, with assets rising over 400 and customer base hitting 24 million.
Gerrie Fourie, the longtime South African business executive and former CEO of Capitec Bank, has stepped down with a golden farewell package worth R150.29 million 8.2 million, a reflection of his lasting impact on South Africas largest retail bank.
His final payout includes a substantial R104.82 million 5.62 million in salary for the 2025 fiscal year , along with R45.47 million 2.43 million in dividends from his 0.89 percent stake in the company.
These parting figures mark the close of a remarkable chapterone in which Fourie played a central role in turning Capitec from a small, ambitious player into the countrys leading retail bank over his 11 years at the helm.
A decade of expansion and transformationFourie, who succeeded founding CEO Riaan Stassen on Jan. 1, 2014, oversaw Capitecs rise from a small player with just 55 branches and 25,000 clients into a digital-first retail giant serving over 24 million customers.
His leadership was instrumental in reshaping Capitecs strategy and footprint. The banks diversification into non-interest revenue streams, rollout of Capitec Connect, and aggressive fintech expansion were key to its dominance in the low-cost banking space.