Sunshine Insurance Group Management
Management criteria checks 3/4
Sunshine Insurance Group's CEO is Weigong Zhang, appointed in Mar 2023, has a tenure of 1.17 years. total yearly compensation is CN¥3.86M, comprised of 98.4% salary and 1.6% bonuses, including company stock and options. directly owns 0.094% of the company’s shares, worth HK$29.16M. The average tenure of the management team and the board of directors is 1.2 years and 5.4 years respectively.
Key information
Weigong Zhang
Chief executive officer
CN¥3.9m
Total compensation
| CEO salary percentage | 98.4% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.09% |
| Management average tenure | 1.2yrs |
| Board average tenure | 5.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CN¥4b |
| Sep 30 2023 | n/a | n/a | CN¥4b |
| Jun 30 2023 | n/a | n/a | CN¥5b |
| Mar 31 2023 | n/a | n/a | CN¥5b |
| Dec 31 2022 | CN¥4m | CN¥4m | CN¥5b |
| Sep 30 2022 | n/a | n/a | CN¥6b |
| Jun 30 2022 | n/a | n/a | CN¥7b |
| Mar 31 2022 | n/a | n/a | CN¥6b |
| Dec 31 2021 | CN¥5m | CN¥4m | CN¥6b |
Compensation vs Market: Weigong's total compensation ($USD533.49K) is about average for companies of similar size in the Hong Kong market ($USD570.26K).
Compensation vs Earnings: Weigong's compensation has been consistent with company performance over the past year.
CEO
Weigong Zhang (60 yo)
1.2yrs
Tenure
CN¥3,861,000
Compensation
Mr. Zhang Weigong is the founder, chairman of the Board, Executive Director and chief Executive Officer of Sunshine Insurance Group Company Limited. Mr. Zhang has served as the chairman and an executive Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 1.2yrs | CN¥3.86m | 0.094% CN¥ 29.2m | |
| Co-CEO, GM & Executive Director | 1.2yrs | CN¥3.88m | 0.11% CN¥ 33.1m | |
| Co-CEO, CFO | 14.3yrs | CN¥4.16m | 0.059% CN¥ 18.4m | |
| Vice Chairman of the Board | 10.8yrs | CN¥2.95m | 0.10% CN¥ 31.9m | |
| Deputy GM | no data | CN¥2.76m | 0.056% CN¥ 17.4m | |
| Chief Compliance Officer & Chief Risk Officer | 10yrs | no data | no data | |
| Joint Company Secretary | less than a year | no data | no data | |
| Head of Securities Affairs & Joint Company Secretary | less than a year | no data | no data |
1.2yrs
Average Tenure
57yo
Average Age
Experienced Management: 6963's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.8yrs | CN¥3.86m | 0.094% CN¥ 29.2m | |
| Co-CEO, GM & Executive Director | 11.7yrs | CN¥3.88m | 0.11% CN¥ 33.1m | |
| Co-CEO, CFO | 8.8yrs | CN¥4.16m | 0.059% CN¥ 18.4m | |
| Vice Chairman of the Board | 10.8yrs | CN¥2.95m | 0.10% CN¥ 31.9m | |
| Deputy GM | 3.4yrs | CN¥2.76m | 0.056% CN¥ 17.4m | |
| Independent Non-Executive Director | 2.5yrs | CN¥252.00k | no data | |
| Independent Director | 6yrs | CN¥252.00k | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥252.00k | no data | |
| Non-Executive Director | 5.4yrs | no data | no data | |
| Chairman of Supervisory Board | 3.4yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
5.4yrs
Average Tenure
60yo
Average Age
Experienced Board: 6963's board of directors are considered experienced (5.4 years average tenure).