How much of Goh’s remuneration came from shares versus bonuses?

Question

Accepted Answer

Goh Choon Phong's Remuneration Breakdown

Goh Choon Phong, the chief executive of Singapore Airlines, received a total remuneration package of nearly S$9.7 million for the financial year ending March 31. Of this total, approximately 49 per cent was attributable to shares, while 35 per cent was derived from bonuses.
Share-Based Compensation

Nearly half of Goh Choon Phong's total remuneration, specifically around 49 per cent, was in the form of shares. This component of his compensation is linked to long-term incentive schemes that were established during the Covid-19 pandemic. A final disbursement for these schemes is scheduled for July 2025.
Bonus Component

A significant portion of Goh Choon Phong's pay package, amounting to 35 per cent, came from bonuses. This financial year saw an increase in his total remuneration compared to the previous year's approximately S$7 million, with bonuses forming a substantial part of that rise.
Base Salary and Overall Financial Performance

Goh Choon Phong's base salary for the financial year stood at approximately S$1.5 million. The overall financial performance of Singapore Airlines was robust, with the group reporting a record revenue of S$20.5 billion. This strong financial outcome occurred despite geopolitical tensions and rising industry costs, with the airline carrying a record 42.2 million passengers.

Reading history

Hide →

This history is cleared when the page is closed.

How much of Goh’s remuneration came from shares versus bonuses?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends