SINGAPORE — With Singapore Airlines (SIA) emerging from the woes of the Covid-19 pandemic to deliver a record annual profit, the salary of its chief executive officer has also gone up.
Mr Goh Choon Phong’s annual salary for FY2022/23 came in at S$6.73 million, an 88 per cent jump from S$3.59 million in the previous year, according to the bank’s annual report released on Wednesday .
The upbeat earnings results — a record in its 76-year history — also reversed three straight years of losses brought about by the pandemic. SIA will also award 0.5 months of ex-gratia bonus for each of the last three financial years, or a maximum total of 1.5 months, to eligible employees. Senior management will not receive this additional ex-gratia bonus, it said.SIA has also declared a final dividend of S$0.28 per share — a figure that market analysts described as “generous” and supportive of investor sentiment. Including the interim dividend of S$0.10 per share, the total dividend payout for the financial year stands at S$0.
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