How much base salary did CEO Goh Choon Phong receive?

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CEO Goh Choon Phong Received a Base Salary of Approximately S$1.5 Million

For the financial year ended March 31, Singapore Airlines CEO Goh Choon Phong received a base salary of approximately S$1.5 million. His total remuneration for this period reached nearly S$9.7 million, coinciding with the airline group's record revenue of S$20.5 billion.
Components of Remuneration

Of Goh Choon Phong's total compensation package, approximately 49 per cent was derived from shares and 35 per cent from bonuses. The remaining portion constituted his base salary, which stood at about S$1.5 million. This overall remuneration figure represents an increase compared to the previous year's approximately S$7 million.
Factors Influencing Compensation Increase

The rise in Goh Choon Phong's compensation was primarily attributed to share-based awards linked to long-term incentive schemes that were initiated during the Covid-19 pandemic. A final tranche of these awards is scheduled for disbursement in July 2025. The report also indicated an overlap between expiring and ongoing share schemes, which temporarily elevated executive compensation for FY2025/2026.
Broader Executive and Director Compensation

Other senior executives within the Singapore Airlines group also saw significant remuneration, with the chief commercial officer and chief operations officer each receiving between S$3.8 million and S$4 million. Non-executive directors were compensated within a range of approximately S$160,000 to S$824,000. The chairman, Peter Seah Lim Huat, was the highest-paid director, receiving S$824,610.

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How much base salary did CEO Goh Choon Phong receive?

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