Below is some information on salaries earned in 2012 by CEOs in Singapore, for a selection of companies. The data is from the annual reports and includes base pay, short-term incentives and benefits accrued for the financial year.
DBS Group chief executive Piyush Gupta is the top-earning executive among Straits Times Index companies, drawing $9.33 million. This was a 15% increase on the previous year when he earned $8.08 million.
United Overseas Bank (UOB) chief executive Wee Ee Cheong, enjoyed a pay increase of 30%, taking home around $9 million.
OCBC chief executive Samuel Tsien’s package was $5.5 million.
Keppel Corp chief executive Choo Chiau Beng was given a remuneration package worth $7.99 million, including a deferred bonus of $3.09 million. In 2011, his package came to between $11.6 million and $11.85 million in cash and shares.
Sembcorp Marine chief executive Wong Weng Sun earned $5 million, a 34% drop from 2011.
Mr Liew Mun Leong, president and chief executive of CapitaLand, was given a package worth $5.33 million. This is lower than the $5.63 million package he received in 2011.
City Developments executive chairman Kwek Leng Beng’s remuneration close to $9 million.
Amit is the Managing Partner at Sandbox Advisors and is an experienced career, business and HR professional. Previously, he has worked with organisations such as Bain & Company, Morgan Stanley and Citigroup. Amit has advanced degrees/qualifications in Career Counselling, Organisational Psychology & HR, Occupational Psychometrics, Career/Life Coaching & Business.