SOCAM Development Management
Management criteria checks 3/4
SOCAM Development's CEO is Freddy Lee, appointed in Oct 2019, has a tenure of 4.92 years. total yearly compensation is HK$6.12M, comprised of 95.5% salary and 4.5% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth HK$9.11K. The average tenure of the management team and the board of directors is 4.9 years and 4.9 years respectively.
Key information
Freddy Lee
Chief executive officer
HK$6.1m
Total compensation
| CEO salary percentage | 95.5% |
| CEO tenure | 4.9yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.9yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
SOCAM Development Limited's (HKG:983) CEO Compensation Is Looking A Bit Stretched At The Moment
May 23
SOCAM Development Limited's (HKG:983) Share Price Is Matching Sentiment Around Its Earnings
Apr 02SOCAM Development's (HKG:983) Robust Earnings Are Supported By Other Strong Factors
May 07SOCAM Development (HKG:983) Seems To Be Using A Lot Of Debt
Apr 07SOCAM Development's(HKG:983) Share Price Is Down 71% Over The Past Five Years.
Dec 23
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -HK$164m |
| Mar 31 2024 | n/a | n/a | -HK$159m |
| Dec 31 2023 | HK$6m | HK$6m | -HK$155m |
| Sep 30 2023 | n/a | n/a | -HK$203m |
| Jun 30 2023 | n/a | n/a | -HK$251m |
| Mar 31 2023 | n/a | n/a | -HK$241m |
| Dec 31 2022 | HK$12m | HK$12m | -HK$232m |
| Sep 30 2022 | n/a | n/a | -HK$118m |
| Jun 30 2022 | n/a | n/a | -HK$4m |
| Mar 31 2022 | n/a | n/a | HK$36m |
| Dec 31 2021 | HK$11m | HK$6m | HK$76m |
| Sep 30 2021 | n/a | n/a | HK$139m |
| Jun 30 2021 | n/a | n/a | HK$202m |
| Mar 31 2021 | n/a | n/a | HK$127m |
| Dec 31 2020 | HK$8m | HK$6m | HK$52m |
| Sep 30 2020 | n/a | n/a | -HK$41m |
| Jun 30 2020 | n/a | n/a | -HK$134m |
| Mar 31 2020 | n/a | n/a | -HK$63m |
| Dec 31 2019 | HK$4m | HK$4m | HK$7m |
Compensation vs Market: Freddy's total compensation ($USD787.64K) is above average for companies of similar size in the Hong Kong market ($USD234.46K).
Compensation vs Earnings: Freddy's compensation has been consistent with company performance over the past year.
CEO
Freddy Lee (62 yo)
4.9yrs
Tenure
HK$6,123,000
Compensation
Mr. Chun Kong Lee, also known as Freddy, has been Chief Executive Officer and Executive Director of SOCAM Development Limited since October 1, 2019. He served as the Chief Executive Officer of Shui On Land...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 27.7yrs | HK$10.00k | 0.084% HK$ 142.0k | |
| CEO & Executive Director | 4.9yrs | HK$6.12m | 0.0054% HK$ 9.1k | |
| Director of Corporate Finance | 5.7yrs | no data | no data | |
| Director of Corporate Development | 2.7yrs | no data | no data | |
| Head of Smart Facilities Management | 2.8yrs | no data | no data | |
| Company Secretary | 8.8yrs | no data | no data |
4.9yrs
Average Tenure
53yo
Average Age
Experienced Management: 983's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 27.7yrs | HK$10.00k | 0.084% HK$ 142.0k | |
| CEO & Executive Director | 4.9yrs | HK$6.12m | 0.0054% HK$ 9.1k | |
| Independent Non-executive Director | less than a year | HK$139.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | HK$314.00k | no data | |
| Independent Non-Executive Director | 14.7yrs | HK$595.00k | no data | |
| Non-Executive Director | 5.7yrs | HK$315.00k | no data | |
| Non-Executive Director | less than a year | HK$105.00k | no data |
4.9yrs
Average Tenure
72yo
Average Age
Experienced Board: 983's board of directors are considered experienced (4.9 years average tenure).