Well Chip Group Berhad Management
Management criteria checks 2/4
Well Chip Group Berhad's CEO is Hooi Ng, appointed in Sep 2022, has a tenure of 1.42 years. total yearly compensation is MYR333.40K, comprised of 68.7% salary and 31.3% bonuses, including company stock and options. directly owns 1.08% of the company’s shares, worth MYR9.68M. The average tenure of the management team and the board of directors is 2 years and 1.3 years respectively.
Key information
Hooi Ng
Chief executive officer
RM 333.4k
Total compensation
| CEO salary percentage | 68.7% |
| CEO tenure | 2yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | RM 45m |
| Mar 31 2024 | n/a | n/a | RM 39m |
| Dec 31 2023 | RM 333k | RM 229k | RM 35m |
| Sep 30 2023 | n/a | n/a | RM 31m |
| Jun 30 2023 | n/a | n/a | RM 26m |
| Mar 31 2023 | n/a | n/a | RM 26m |
| Dec 31 2022 | RM 252k | n/a | RM 25m |
Compensation vs Market: Hooi's total compensation ($USD80.82K) is below average for companies of similar size in the MY market ($USD159.34K).
Compensation vs Earnings: Hooi's compensation has increased by more than 20% in the past year.
CEO
Hooi Ng (58 yo)
2yrs
Tenure
RM 333,400
Compensation
Ms. Hooi Lang Ng is Executive Director of Well Chip Group Berhad from April 12, 2023 and has been its Chief Executive Officer since September 01, 2022. She obtained her Lower Secondary Assessment or “Sijil...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2yrs | RM 333.40k | 1.08% MYR 9.7m | |
| Executive Director and Director of Retail & Merchandising | 1.3yrs | RM 307.30k | 1.73% MYR 15.6m | |
| Chief Financial Officer | 2yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
2.0yrs
Average Tenure
44yo
Average Age
Experienced Management: WELLCHIP's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.4yrs | RM 333.40k | 1.08% MYR 9.7m | |
| Executive Director and Director of Retail & Merchandising | 1.3yrs | RM 307.30k | 1.73% MYR 15.6m | |
| Independent Non-Executive Chairman | 1.3yrs | RM 60.80k | no data | |
| Non-Independent Non-Executive Director | 1.3yrs | RM 39.60k | no data | |
| Non-Independent Non-Executive Director | 1.3yrs | no data | no data | |
| Independent Non-Executive Director | 1.1yrs | RM 27.80k | no data | |
| Independent Non-Executive Director | 1.3yrs | RM 48.60k | no data | |
| Independent Non-Executive Director | 1.3yrs | RM 43.50k | no data |
1.3yrs
Average Tenure
58yo
Average Age
Experienced Board: WELLCHIP's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.