CEO pay

Nomura has raised Okuda’s compensation since he took office in 2020

Executive compensation is accelerating while rank-and-file workers lag, widening the pay gap in corporate America

Other management executives are paid a total of S$16.5 million

Holding onto Singapore stocks may be irrational, but the hope is that doing so will pay off in the long term

Governance should continue to rest on a framework that combines expert input, fiduciary accountability and transparent disclosure

This would give shareholders the right to vote on executive remuneration, to ensure it aligns with performance

Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares

This is compared with the S$12.8 million she took home in FY2024

This compares with the S$17.6 million remuneration received by ex-CEO Piyush Gupta in 2024