SkyWorld Development Berhad Management
Management criteria checks 1/4
SkyWorld Development Berhad's CEO is Chee Lee, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is MYR1.70M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth MYR32.55M. The average tenure of the management team and the board of directors is 2.3 years and 1.7 years respectively.
Key information
Chee Lee
Chief executive officer
RM1.7m
Total compensation
| CEO salary percentage | 54.0% |
| CEO tenure | 2.3yrs |
| CEO ownership | 5.0% |
| Management average tenure | 2.3yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | RM144m |
| Mar 31 2023 | RM2m | RM916k | RM144m |
Compensation vs Market: Chee's total compensation ($USD358.03K) is above average for companies of similar size in the MY market ($USD108.11K).
Compensation vs Earnings: Insufficient data to compare Chee's compensation with company performance.
CEO
Chee Lee (50 yo)
2.3yrs
Tenure
RM1,697,000
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 | 17.5yrs | RM3.83m | 42.44% MYR 275.8m | |
| CEO & Non-Independent Executive Director | 2.3yrs | RM1.70m | 5.01% MYR 32.6m | |
| Non-Independent Executive Director | 15.6yrs | RM2.85m | 10.28% MYR 66.8m | |
| Head of Finance | 3.3yrs | no data | no data | |
| Head of Sales | 2.3yrs | no data | no data | |
| Head of Business Venture | 2.3yrs | 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 |
2.3yrs
Average Tenure
48.5yo
Average Age
Experienced Management: SKYWLD's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non Independent Executive Chairman | 17.5yrs | RM3.83m | 42.44% MYR 275.8m | |
| CEO & Non-Independent Executive Director | 8.1yrs | RM1.70m | 5.01% MYR 32.6m | |
| Non-Independent Executive Director | 15.6yrs | RM2.85m | 10.28% MYR 66.8m | |
| Independent Non-Executive Director | 1.7yrs | RM38.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | RM36.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | RM35.00k | 0.010% MYR 65.0k | |
| Independent Non-Executive Director | 1.7yrs | RM36.00k | 0.010% MYR 65.0k |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: SKYWLD's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.