ComfortDelGro Management

Management criteria checks 2/4

ComfortDelGro's CEO is Siak Kian Cheng, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is SGD2.65M, comprised of 32.6% salary and 67.4% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €82.56K. The average tenure of the management team and the board of directors is 3.8 years and 2.3 years respectively.

Key information

Siak Kian Cheng

Chief executive officer

S$2.7m

Total compensation

CEO salary percentage	32.6%
CEO tenure	1.8yrs
CEO ownership	0.004%
Management average tenure	3.8yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Siak Kian Cheng's remuneration changed compared to ComfortDelGro's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	S$197m
Mar 31 2024	n/a	n/a	S$189m
Dec 31 2023	S$3m	S$864k	S$181m

Compensation vs Market: Siak Kian's total compensation ($USD1.97M) is about average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Insufficient data to compare Siak Kian's compensation with company performance.

CEO

Siak Kian Cheng (54 yo)

1.8yrs

Tenure

S$2,651,988

Compensation

Mr. Siak Kian Cheng serves as Non-Independent Non-Executive Deputy Chairman at VICOM Ltd since January 01, 2023. He serves as Managing Director, Chief Executive Officer and Non-Independent Executive Direct...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Siak Kian Cheng	MD, Group CEO & Non-Independent Executive Director	1.8yrs	S$2.65m	0.0036% € 82.6k
Siang Pohr Lee	Group General Counsel & Company Secretary	4.2yrs	no data	no data
Alancia Winnie Neo	Group Chief Branding & Communications Officer	1.8yrs	no data	no data
Lai Wah Tan	Group Chief Corporate Development Officer	1.8yrs	no data	no data
Yue Heng Goh	Group Chief Human Resource Officer	1.8yrs	no data	no data
Peng Yen Choo	Group Chief Business Development Officer	4.8yrs	no data	no data
Soon Hua Yap	Chief Executive Officer of Australia Business Unit	10.8yrs	no data	no data
Yew Fui Chong	Group Chief Internal Audit Officer	no data	no data	no data
Poh Tan	Senior Vice President of Group Finance	no data	no data	no data
Thong Hean Koh	Group Deputy CEO & Group Chief Corporate Services Officer	no data	no data	no data
Chor Tze Huang	Chief Executive Officer of China Business Unit	3.8yrs	no data	no data
Peter Lodge	Group Chief Business Development Officer - Bus & Rail	3.8yrs	no data	no data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Management: VZ1's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Siak Kian Cheng	MD, Group CEO & Non-Independent Executive Director	1.8yrs	S$2.65m	0.0036% € 82.6k
Mark Christopher Greaves	Independent Non-Executive Chair	4.5yrs	S$277.18k	0.0023% € 52.4k
Jit Poh Lim	Chairman Emeritus	1.6yrs	S$227.71k	no data
Russell Stephen Balding	Independent Non-Executive Director	2.3yrs	S$245.67k	no data
Shing Kwok Choi	Independent Non-Executive Deputy Chairman of the Board	2.3yrs	S$165.38k	0.0014% € 31.3k
Lilian Ee Mern Tham	Independent Non-Executive Director	7.3yrs	S$123.74k	no data
Yim Pui Kong	Independent Non-Executive Director	1.8yrs	S$145.05k	no data
Beng Chin Ooi	Independent Non-Executive Director	6.5yrs	S$163.16k	no data
Jessica Cheam	Independent Non-Executive Director	5.8yrs	S$146.93k	no data
Jee Cheng Lee	Independent Non-Executive Director	2.8yrs	S$156.25k	no data
Peng Hoe Tan	Independent Non-Executive Director	1.6yrs	S$85.53k	no data

2.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: VZ1's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

ComfortDelGro Management

Management criteria checks 2/4

Key information

Recent management updates

ComfortDelGro Corporation Limited Announces Retirement of Chia Jackson as CEO

ComfortDelGro Corporation Limited Announces Changes to the Board Committees, with Effect from 1 January 2024

ComfortDelGro Corporation Limited Announces Promotion of Tommy Tan Ah Han as Chief Executive Officer of ComfortDelGro Taxi, Effective September 1, 2023

High number of new directors

ComfortDelGro Corporation Limited Announces Executive Changes, Effective 1 January 2023

Comfortdelgro Corporation Limited Announces Changes to the Board and Board Committees

Recent updates

Investor sentiment improves as stock rises 17%

First half 2024 earnings released: EPS: S$0.044 (vs S$0.036 in 1H 2023)

First half dividend of S$0.035 announced

ComfortDelGro Corporation Limited Declares Tax-Exempt One-Tier Dividend, Payable on 29 August 2024

ComfortDelGro Corporation Limited Announces Retirement of Chia Jackson as CEO

ComfortDelGro Corporation Limited Approves Tax-Exempt One-Tier Final Dividend in Respect of the Financial Year Ended 31 December 2023, Payable on 15 May 2024

Upcoming dividend of S$0.038 per share

Full year 2023 earnings released: EPS: S$0.083 (vs S$0.08 in FY 2022)

ComfortDelGro Corporation Limited to Report First Half, 2024 Results on Aug 14, 2024

Final dividend of S$0.038 announced

Full year 2023 earnings released: EPS: S$0.083 (vs S$0.08 in FY 2022)

ComfortDelGro Corporation Limited to Report Fiscal Year 2023 Results on Feb 09, 2024

ComfortDelGro Corporation Limited Announces Changes to the Board Committees, with Effect from 1 January 2024

ComfortDelGro Corporation Limited Announces Promotion of Tommy Tan Ah Han as Chief Executive Officer of ComfortDelGro Taxi, Effective September 1, 2023

ComfortDelGro Corporation Limited Declares Interim Dividend, Payable on 31 August 2023

First half 2023 earnings released: EPS: S$0.036 (vs S$0.053 in 1H 2022)

New minor risk - Share price stability

ComfortDelGro Corporation Limited Declares Special Tax-Exempt One-Tier Dividend in Respect of the Financial Year Ended 31 December 2022, Payable on 18 May 2023

Upcoming dividend of S$0.042 per share at 3.9% yield

Full year 2022 earnings released: EPS: S$0.08 (vs S$0.06 in FY 2021)

High number of new directors

ComfortDelGro Corporation Limited Announces Executive Changes, Effective 1 January 2023

First half 2022 earnings released: EPS: S$0.055 (vs S$0.042 in 1H 2021)

Comfortdelgro Corporation Limited Announces Changes to the Board and Board Committees

Comfortdelgro Corporation Limited Announces Changes to the Board and Board Committees

Upcoming dividend of S$0.021 per share

ComfortDelGro Corporation Limited Announces Executive Changes

ComfortDelGro Corporation Limited Announces Retirement of Chiang Chie Foo as an Independent Non-Executive Director

Full year 2021 earnings released: EPS: S$0.06 (vs S$0.028 in FY 2020)

ComfortDelGro Corporation Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

ComfortDelGro Corporation Limited Proposes A Final Tax-Exempt One-Tier Interim Dividend, Payable on 27 May 2022

ComfortDelGro Corporation Limited to Report Fiscal Year 2021 Results on Feb 28, 2022

Kelsian Reportedly Racing to Catch the Bus in Kiwi Takeover Deal

Addison Lee Limited agreed to acquire CityFleet Networks Limited from ComfortDelGro Corporation Limited (SGX:C52).

Comfortdelgro Corporation Limited Approves Tax-Exempt One-Tier Final Dividend for the Year Ended December 31, 2020, Payable on May 20, 2021

Upcoming dividend of S$0.014 per share

Full year 2020 earnings released: EPS S$0.029 (vs S$0.12 in FY 2019)

Revenue misses expectations

Full year 2020 earnings released

ComfortDelGro Corporation Limited to Report Fiscal Year 2020 Results on Feb 15, 2021

New 90-day high: €0.96

ComfortDelGro Corporation Limited Not to Declare an Interim Half Year Dividend

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age