Favelle Favco Berhad Management
Management criteria checks 3/4
Favelle Favco Berhad's CEO is Chung Mac, appointed in Jan 2004, has a tenure of 20.42 years. total yearly compensation is MYR819.00K, comprised of 75% salary and 25% bonuses, including company stock and options. directly owns 1.64% of the company’s shares, worth MYR8.03M. The average tenure of the management team and the board of directors is 20.4 years and 15.1 years respectively.
Key information
Chung Mac
Chief executive officer
RM 819.0k
Total compensation
| CEO salary percentage | 75.0% |
| CEO tenure | 20.4yrs |
| CEO ownership | 1.6% |
| Management average tenure | 20.4yrs |
| Board average tenure | 15.1yrs |
Recent management updates
Recent updates
Favelle Favco Berhad's (KLSE:FAVCO) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 05
News Flash: One Favelle Favco Berhad (KLSE:FAVCO) Analyst Has Been Trimming Their Revenue Forecasts
Aug 25Favelle Favco Berhad (KLSE:FAVCO) May Have Issues Allocating Its Capital
May 07Here's Why Favelle Favco Berhad (KLSE:FAVCO) Can Manage Its Debt Responsibly
Jun 06Be Wary Of Favelle Favco Berhad (KLSE:FAVCO) And Its Returns On Capital
Apr 15Need To Know: Analysts Just Made A Substantial Cut To Their Favelle Favco Berhad (KLSE:FAVCO) Estimates
Mar 31An Intrinsic Calculation For Favelle Favco Berhad (KLSE:FAVCO) Suggests It's 33% Undervalued
Mar 26Is Favelle Favco Berhad (KLSE:FAVCO) Using Too Much Debt?
Mar 08How Much Did Favelle Favco Berhad's (KLSE:FAVCO) Shareholders Earn On Their Investment Over The Last Five Years?
Jan 31Is Favelle Favco Berhad's (KLSE:FAVCO) Shareholder Ownership Skewed Towards Insiders?
Jan 13
What Do The Returns On Capital At Favelle Favco Berhad (KLSE:FAVCO) Tell Us?
Dec 26Favelle Favco Berhad (KLSE:FAVCO) Has A Pretty Healthy Balance Sheet
Dec 07Should You Buy Favelle Favco Berhad (KLSE:FAVCO) For Its Dividend?
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | RM 52m |
| Dec 31 2023 | RM 819k | RM 614k | RM 51m |
| Sep 30 2023 | n/a | n/a | RM 50m |
| Jun 30 2023 | n/a | n/a | RM 46m |
| Mar 31 2023 | n/a | n/a | RM 43m |
| Dec 31 2022 | RM 1m | RM 597k | RM 39m |
| Sep 30 2022 | n/a | n/a | RM 35m |
| Jun 30 2022 | n/a | n/a | RM 38m |
| Mar 31 2022 | n/a | n/a | RM 42m |
| Dec 31 2021 | RM 466k | RM 363k | RM 48m |
Compensation vs Market: Chung's total compensation ($USD173.73K) is above average for companies of similar size in the MY market ($USD105.47K).
Compensation vs Earnings: Chung's compensation has been consistent with company performance over the past year.
CEO
Chung Mac (46 yo)
20.4yrs
Tenure
RM 819,000
Compensation
Mr. Chung Hui Mac has been the Chief Executive Officer of Favelle Favco Berhad (“FFB”), a subsidiary of Muhibbah Engineering (M) Bhd. since May 5, 2004 and its Managing Director since August 26, 2013. Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 20.4yrs | RM 819.00k | 1.64% MYR 8.0m | |
| Group Finance Director & Executive Director | 21.4yrs | RM 126.00k | 1.24% MYR 6.1m | |
| Executive Director | no data | RM 187.00k | 4.63% MYR 22.7m | |
| Executive Director | no data | RM 802.00k | 1.05% MYR 5.1m | |
| Senior Operations General Manager | 20.4yrs | no data | no data | |
| Finance & Investor Relations Manager | no data | no data | no data | |
| Group Financial Controller & Company Secretary | 22.4yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Joint Secretary | 2.8yrs | no data | no data |
20.4yrs
Average Tenure
60yo
Average Age
Experienced Management: FAVCO's management team is seasoned and experienced (20.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | RM 819.00k | 1.64% MYR 8.0m | |
| Group Finance Director & Executive Director | 21.4yrs | RM 126.00k | 1.24% MYR 6.1m | |
| Executive Director | 31.3yrs | RM 187.00k | 4.63% MYR 22.7m | |
| Executive Director | 20.1yrs | RM 802.00k | 1.05% MYR 5.1m | |
| Independent Non-Executive Director | 10.1yrs | RM 59.00k | no data | |
| Senior Independent Non-Executive Chairman | 6.2yrs | RM 59.00k | no data | |
| Independent Non Executive Director | 1.8yrs | RM 59.00k | no data |
15.1yrs
Average Tenure
62yo
Average Age
Experienced Board: FAVCO's board of directors are seasoned and experienced ( 15.1 years average tenure).