As resentment over excessive executive pay hit a new peak, Anglo American Platinum (Amplats) CEO Chris Griffith said he was sorry for the remarks he made about the issue last week, and would be apologising to his employees. Mr Griffith was paid R17.6m last year, 257 times more than his lowest-paid employees. Amplats mineworkers have been on strike for 16 weeks, demanding a R12,500 basic minimum wage, which the company says it cannot afford. Mr Griffith provoked a storm of criticism when he [said]...“Am I getting paid on a fair basis for what I’m having to deal with in this company? Must I run this company and deal with all this nonsense for nothing? I’m at work. I’m not on strike. I’m not demanding to be paid what I’m not worth,” Mr Griffith said...But...[he has] backtracked, saying that he would be apologising directly to his employees for his choice of words...[which] were “inappropriate”, “insensitive” and “the result of intense frustration”...