This amounts to 10 per cent of the basic salary for all staff below the level of manager, said chief executive officer (CEO) Goh Choon Phong in a memo to staff this week. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Want to do more with your profile? Close. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. The FT article also highlights mounting pressure on companies from regulators, politicians, and shareholders. 1 Rating. This amounts to 10 per cent of the basic salary for all staff below the level of manager, said chief executive officer (CEO) Goh Choon Phong in a memo to staff this week. Get a free employer account. What is the salary of Choon Goh? Goh Choon Phong (simplified Chinese: 吴俊鹏; traditional Chinese: 吳俊鵬; pinyin: Wú Jùn Péng) is the chief executive officer (CEO) of Singapore Airlines and Singapore Airlines Cargo.He was appointed the CEO of the airline on 3 September 2010. Tang’s commitment runs through to December. Write a Resume Recruiters Can't Resist. Want to do more with your profile? Outline of two peoples' heads. Advertisement. Singapore Airlines chief executive Goh Choon Phong received $4.32 million in total remuneration in the year ended March 31, 2018, from $5.02 million the previous year. The airline did not disclose its target for the year ahead. Work in HR or Marketing? SIA chairman Peter Seah's total remuneration more than doubled to $763,110 in FY18 from $376,650 a year ago, reflecting his ascension to chairmanship of the board from Jan 1, 2017. In the internal note to staff on Friday (28th February) the CEO of Singapore Airlines, Mr Goh Choon Phong, has said that the board of directors and his management team will be taking the lead with a salary cut. CEO Goh Choon Phong said his base salary will be cut by 30% from April 1, up from the 15% announced earlier. In a memo to the staff, chief executive officer Goh Choon Phong announced the basic salary reduction of 10% for all staff below the level of manager while managers and senior managers will take a 12% pay cut, up from 10% previously. Singapore Airlines Cargo. With Vistara, the joint venture between Tata Sons and Singapore Airlines, set to take off soon, the Singapore Airlines Chief Executive Officer, Goh Choon Phong, outlines what the … This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. Get unlimited access to all stories at $0.99/month for the first 3 months. That decline was partly due to the retirement of directors Stephen Lee Ching Yen, Christina Ong and Lucien Wong Yuen Kai from the board and the appointment of two new directors, Dominic Ho Chiu Fai and Simon Cheong Sae Peng. Directors' fees paid by the group also slipped about 1.6 per cent to $1.91 million, from $1.95 million the previous year. This included a base salary of S$1,374,950, bonuses of S$1,046,967, shares of value S$1,643,940 and benefits of S$157,417. The information shown here is a reporting of information included in the company's proxy statement. As a member of Board of Directors at Mastercard Inc, Choon Phong Goh made $326,306 in total compensation. As at 11.53am on Thursday, SIA shares were trading at $10.72 apiece, down 0.9 per cent or 10 cents. From Mar 1, senior management figures will take a 10 to 15 per cent reduction in their salary, including SIA CEO Goh Choon Phong, who will take a 15 per cent cut. CEO gets 35% pay cut. The national carrier’s chief executive officer Goh Choon Phong called it “the greatest challenge in the SIA’s Group’s existence” in an internal memo to his staff in March, as international travel came to a virtual halt due to the pandemic. The chart on this page features a breakdown of the total annual pay for Choon Phong Goh at Mastercard Inc as reported in their proxy statements. You have reached your limit of subscriber-only articles this month. Chief Executive Goh Choon Phong's salary will be cut by 35 percent, up from 30 percent. But a log-in is still required for our PDFs. In FY2018, net profit rebounded, more than doubling to $892.9 million. 198402868E. Choon Phong Goh has been the CEO of Singapore Airlines Limited since 2011. The gift link for this subscriber-only article has expired. After that, we will consider the growth in the business. This included a base salary of S$1,374,950, bonuses of S$1,046,967, shares of value S$1,643,940 and benefits of S$157,417. Goh Choon Phong. $215,056 was awarded as stock and SIA's net profit fell 55.2 per cent to $360.4 million in FY2017. Thorough reviews have been conducted to assure this data accurately reflects disclosures. He added that executive vice presidents will take a 12% cut, while senior vice presidents, 10%. With Vistara, the joint venture between Tata Sons and Singapore Airlines, set to take off soon, the Singapore Airlines Chief Executive Officer, Goh Choon Phong, outlines what the … As the Independent Director of Mastercard, the total compensation of Choon Goh at Mastercard is $326,306. CEO Goh Choon Phong said his base salary will be cut by 30% from April 1, up from the 15% announced earlier. In a statement to shareholders, Mr Seah expressed optimism about the airline's ongoing strategic transformation process, especially with Mr Goh leading a senior team to oversee the changes. Wallmine is a radically better financial terminal. The FT article also highlights mounting pressure on companies from regulators, politicians, and shareholders. How to Write a Resume. In an employee email, chief executive Goh Choon Phong said he will take a 15% pay cut. Learn More. Singapore Airlines CEO Goh Choon Phong reduced pay by 30%; and Rolls-Royce CEO Warren East is reducing his salary for 2020 by 20% and deferring his bonus. Close. 86 Ratings. See All Guides. Singapore Airlines (SIA) is cutting pay for employees, managers and bosses, a memo by chief executive officer (CEO) Goh Choon Phong to … Goh Choon Phong. Choon Phong Goh made $326,306 in total compensation. SPH Digital News / Copyright © 2020 Singapore Press Holdings Ltd. Co. Regn. Mr Goh received $4.32 million in total remuneration in the year ended March 31, 2018, from $5.02 million the previous year. $111,250 was received as fees earned or paid in cash, Before becoming chairman, Mr Seah received a retainer fee of $160,000 as deputy chairman. According to the latest SIA annual report just released, SIA CEO Goh Choon Phong earned S$4,223,274 in last financial year ending on 31 Mar 2020. Last updated: 18 June 2020 at 4:15pm EST. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The value of Mr Goh's share-based compensation also fell to $1.10 million in FY18, compared to $1.67 million in FY17. The national carrier’s chief executive officer Goh Choon Phong called it “the greatest challenge in the SIA’s Group’s existence” in an internal memo to his staff in March, as international travel came to a virtual halt due to the pandemic. In its sustainability report, SIA also said that it met a more stringent safety target in FY2018 for flight incident reports. 5.0 ... A Guide to Negotiating the Salary You Deserve. SIA CEO Goh Choon Phong will be taking a salary cut of 30% instead of 15%. Chief Executive Goh Choon Phong's salary will be cut by 35 percent, up from 30 percent. considering other measures including asking staff to take voluntary no-pay leave, according to a Straits Times report Monday, citing an internal letter from CEO Goh Choon Phong. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Read more at The Business Times. Change in Pension Value and Nonqualified Deferred Compensation Earnings. "This is the greatest challenge in the SIA Group's existence," Chief Executive Goh Choon Phong said in a memo to staff. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Thread starter aurvandil; ... 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