Glostrext Berhad Management
Management criteria checks 2/4
Glostrext Berhad's CEO is Sieng Lee, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is MYR649.00K, comprised of 84.6% salary and 15.4% bonuses, including company stock and options. directly owns 45.63% of the company’s shares, worth MYR42.72M. The average tenure of the management team and the board of directors is 2.3 years and 1.8 years respectively.
Key information
Sieng Lee
Chief executive officer
RM649.0k
Total compensation
| CEO salary percentage | 84.6% |
| CEO tenure | 2.2yrs |
| CEO ownership | 45.6% |
| Management average tenure | 2.3yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | RM649k | RM549k | RM4m |
| Mar 31 2022 | RM600k | RM516k | RM7m |
Compensation vs Market: Sieng's total compensation ($USD136.93K) is above average for companies of similar size in the MY market ($USD105.23K).
Compensation vs Earnings: Sieng's compensation has been consistent with company performance over the past year.
CEO
Sieng Lee (57 yo)
2.2yrs
Tenure
RM649,000
Compensation
Dr. Sieng Kai Lee, BE(Civil, UM), MIEM, P.Eng, Asean Eng, APEC Eng, IntPE had been the Managing Director of Spectest Sdn. Bhd at CSC Holdings Ltd. since 2009.He serves as Managing Director at Glostrext Be...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.2yrs | RM649.00k | 45.63% MYR 42.7m | |
| CFO & Director | 3.1yrs | RM193.00k | 0.90% MYR 840.7k | |
| Executive Director | 2.3yrs | RM255.00k | 18.41% MYR 17.2m | |
| Business Development Manager | 2.3yrs | RM67.00k | 0.15% MYR 138.0k | |
| Senior Operations Manager | no data | no data | 0.84% MYR 786.2k | |
| Group Chief IT Officer | 2.1yrs | no data | 0.14% MYR 129.5k | |
| Director & GM of Glostrext Singapore | no data | no data | 3.65% MYR 3.4m |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: GLXT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.3yrs | RM649.00k | 45.63% MYR 42.7m | |
| CFO & Director | 1.8yrs | RM193.00k | 0.90% MYR 840.7k | |
| Executive Director | 2.3yrs | RM255.00k | 18.41% MYR 17.2m | |
| Business Development Manager | 1.8yrs | RM67.00k | 0.15% MYR 138.0k | |
| Director & GM of Glostrext Singapore | no data | no data | 3.65% MYR 3.4m | |
| Independent Non-Executive Chairman | 1.8yrs | RM9.00k | 0.098% MYR 92.0k | |
| Independent Non-Executive Director | 1.8yrs | RM7.00k | 0.074% MYR 69.0k | |
| Independent Non-Executive Director | 1.8yrs | RM7.00k | no data | |
| Independent Non-Executive Director | 1.8yrs | RM7.00k | 0.074% MYR 69.0k |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Board: GLXT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.