Tuesday, 13 May 2014
DBS : Highest paid CEO in Singapore
Piyush Gupta, DBS Group Holdings – Gupta earned a total of S$9.2 million to become the highest paid CEO in Singapore after raking in a record S$3.5 billion in profits for the bank in 2013, about 4% higher than in 2012.
DBS has the largest regional presence among the 3 Singapore banks, but last year saw business in Singapore strengthen to offset weaker growth in India and Indonesia. As a whole, Gupta’s compensation package was about 1.4% less than what he received in 2012.
CW8888:
Will DBS's shareholders get rewarded or not?
Theoretical highest DBS stock price in 2007 after XR should be at $19.20 i.e. another 15% to go.
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