Avarga Management
Management criteria checks 4/4
Avarga's CEO is Ian Tong, appointed in Jun 2020, has a tenure of 4.08 years. total yearly compensation is SGD544.99K, comprised of 91.7% salary and 8.3% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth SGD559.99K. The average tenure of the management team and the board of directors is 4.1 years and 4.1 years respectively.
Key information
Ian Tong
Chief executive officer
S$545.0k
Total compensation
| CEO salary percentage | 91.7% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings
Apr 09
Does Avarga (SGX:U09) Have A Healthy Balance Sheet?
Oct 05Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet
May 15Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue
Oct 31These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively
Sep 29Is Avarga (SGX:U09) A Risky Investment?
Apr 14Avarga (SGX:U09) Is Very Good At Capital Allocation
Apr 01Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year
Mar 17Do Avarga's (SGX:U09) Earnings Warrant Your Attention?
Mar 03Estimating The Fair Value Of Avarga Limited (SGX:U09)
Feb 19What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?
Jan 26
Who Has Been Selling Avarga Limited (SGX:U09) Shares?
Jan 14Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29We Like These Underlying Trends At Avarga (SGX:U09)
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | S$545k | S$500k | S$11m |
| Sep 30 2023 | n/a | n/a | S$19m |
| Jun 30 2023 | n/a | n/a | S$27m |
| Mar 31 2023 | n/a | n/a | S$39m |
| Dec 31 2022 | S$545k | S$500k | S$51m |
| Sep 30 2022 | n/a | n/a | S$48m |
| Jun 30 2022 | n/a | n/a | S$45m |
| Mar 31 2022 | n/a | n/a | S$59m |
| Dec 31 2021 | S$564k | S$500k | S$73m |
| Sep 30 2021 | n/a | n/a | S$93m |
| Jun 30 2021 | n/a | n/a | S$112m |
| Mar 31 2021 | n/a | n/a | S$83m |
| Dec 31 2020 | S$2m | S$367k | S$55m |
| Sep 30 2020 | n/a | n/a | S$36m |
| Jun 30 2020 | n/a | n/a | S$24m |
| Mar 31 2020 | n/a | n/a | S$25m |
| Dec 31 2019 | S$385k | S$203k | S$33m |
| Sep 30 2019 | n/a | n/a | S$28m |
| Jun 30 2019 | n/a | n/a | S$28m |
| Mar 31 2019 | n/a | n/a | S$26m |
| Dec 31 2018 | S$329k | S$173k | S$11m |
| Sep 30 2018 | n/a | n/a | S$15m |
| Jun 30 2018 | n/a | n/a | S$16m |
| Mar 31 2018 | n/a | n/a | S$16m |
| Dec 31 2017 | S$176k | S$134k | S$14m |
Compensation vs Market: Ian's total compensation ($USD405.42K) is about average for companies of similar size in the SG market ($USD405.35K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
CEO
Ian Tong (36 yo)
4.1yrs
Tenure
S$544,988
Compensation
Mr. Ian Tong is the Founder of Axio Developments Ltd. and serves as its President. Mr. Ian has been Chief Executive Officer of Avarga Limited since June 1, 2020.Mr. Tong was Executive Director of Operatio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.3yrs | S$306.16k | 32.84% SGD 59.6m | |
| CEO & Executive Director | 4.1yrs | S$544.99k | 0.31% SGD 560.0k | |
| Group Finance Manager | no data | no data | no data | |
| President of Investment & Power Generation | 12yrs | S$33.07k | no data | |
| Managing Director of UPP Pulp & Paper (M) Sdn Bhd | 4.1yrs | no data | no data | |
| CEO & President of Taiga Building Products Ltd. | no data | no data | no data | |
| Company Secretary | less than a year | no data | no data |
4.1yrs
Average Tenure
53yo
Average Age
Experienced Management: U09's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.3yrs | S$306.16k | 32.84% SGD 59.6m | |
| CEO & Executive Director | 7.3yrs | S$544.99k | 0.31% SGD 560.0k | |
| Independent Director | 11.3yrs | S$70.00k | no data | |
| Independent Director | 4.1yrs | S$61.00k | 0.069% SGD 125.0k | |
| Lead Independent Director | less than a year | no data | no data | |
| Independent Director | 1.5yrs | S$70.00k | no data | |
| Independent Director | less than a year | no data | no data |
4.1yrs
Average Tenure
50yo
Average Age
Experienced Board: U09's board of directors are considered experienced (4.1 years average tenure).