Broadcom's Penang-born CEO paid US$103m in 2017
It's the chipmaker's way of rewarding him for what he's done and what he might pull off - a hostile bid for Qualcomm
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
PENANG-born Broadcom chief executive officer Tan Hock Eng received US$103.2 million in reported compensation last year, his biggest-ever pay package, as the computer-chip maker prepares to make the largest acquisition in the history of technology.
His stock grant, valued at US$98.3 million, will vest in 2020 and 2021 at its target value if the San Jose, California-based company's shares outperform at least half the companies in the S&P500 during the performance periods, said a regulatory filing on Tuesday.
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
