Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Group suspends economic value added-based incentive plan for senior management from April 2024, but grants one-off transformation long-term incentives award
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats , earned over S$3.1 million in total remuneration in FY2025 ended March, up 30.5 per cent from S$2.4 million in FY2024.
Sats’ annual report published on Thursday (Jul 10) showed the 54-year-old was rewarded with about S$1 million in salary, representing 32 per cent of his total remuneration. He received S$1.2 million in bonuses, about S$862,500 worth of Sats shares and S$74,000 in benefits.
For the previous year, his total remuneration comprised about S$916,400 in salary – or 38 per cent of the total sum – S$896,700 in bonuses, S$537,700 worth of shares and S$74,000 worth of benefits.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
