SkyWorld Development Berhad Management
Management criteria checks 2/4
SkyWorld Development Berhad's CEO is Chee Lee, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is MYR1.76M, comprised of 54.5% salary and 45.5% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth MYR28.05M. The average tenure of the management team and the board of directors is 2.8 years and 2.2 years respectively.
Key information
Chee Lee
Chief executive officer
RM 1.8m
Total compensation
| CEO salary percentage | 54.5% |
| CEO tenure | 2.8yrs |
| CEO ownership | 5.0% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | RM 70m |
| Jun 30 2024 | n/a | n/a | RM 75m |
| Mar 31 2024 | RM 2m | RM 960k | RM 107m |
| Dec 31 2023 | n/a | n/a | RM 144m |
| Mar 31 2023 | RM 2m | RM 916k | RM 144m |
Compensation vs Market: Chee's total compensation ($USD394.38K) is above average for companies of similar size in the MY market ($USD107.97K).
Compensation vs Earnings: Chee's compensation has been consistent with company performance over the past year.
CEO
Chee Lee (51 yo)
2.8yrs
Tenure
RM 1,762,000
Compensation
Mr. Chee Seng Lee is Chief Executive Officer of SkyWorld Development Group from January 2022 and its Non-Independent Executive Director since April 1, 2016. He joined SkyWorld Development in February 2013...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non Independent Executive Chairman | 18yrs | RM 3.68m | 42.57% MYR 238.4m | |
| CEO & Non-Independent Executive Director | 2.8yrs | RM 1.76m | 5.01% MYR 28.0m | |
| Non-Independent Executive Director | 16.1yrs | RM 2.82m | 10.28% MYR 57.5m | |
| Head of Finance | 3.8yrs | no data | no data | |
| Head of Sales | 2.8yrs | no data | no data | |
| Head of Business Venture | 2.8yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
2.8yrs
Average Tenure
49.5yo
Average Age
Experienced Management: SKYWLD's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non Independent Executive Chairman | 18yrs | RM 3.68m | 42.57% MYR 238.4m | |
| CEO & Non-Independent Executive Director | 8.6yrs | RM 1.76m | 5.01% MYR 28.0m | |
| Non-Independent Executive Director | 16.1yrs | RM 2.82m | 10.28% MYR 57.5m | |
| Independent Non-Executive Director | 2.2yrs | RM 108.00k | no data | |
| Independent Non-Executive Director | 2.2yrs | RM 69.00k | no data | |
| Independent Non-Executive Director | 2.2yrs | RM 71.00k | 0.010% MYR 56.0k | |
| Independent Non-Executive Director | 2.2yrs | RM 68.00k | 0.010% MYR 56.0k |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Board: SKYWLD's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.