City Developments Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Sherman Kwek
Chief executive officer
S$3.9m
Total compensation
CEO salary percentage | 25.5% |
CEO tenure | 6.2yrs |
CEO ownership | n/a |
Management average tenure | 6.2yrs |
Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Is City Developments (SGX:C09) Using Too Much Debt?
Mar 22City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 08Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Nov 20Is City Developments (SGX:C09) A Risky Investment?
Nov 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price
Sep 04At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?
Aug 09These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
May 19Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Apr 20These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
Dec 23What Does City Developments Limited's (SGX:C09) Share Price Indicate?
Nov 01City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt
Aug 15What Is City Developments Limited's (SGX:C09) Share Price Doing?
Feb 09Is City Developments (SGX:C09) Using Debt Sensibly?
Dec 28Is City Developments (SGX:C09) Using Too Much Debt?
Sep 20Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?
Aug 03Why City Developments Limited (SGX:C09) Could Be Worth Watching
Jul 06A Look At The Fair Value Of City Developments Limited (SGX:C09)
Apr 30Is City Developments (SGX:C09) Using Too Much Debt?
Mar 25City Developments'(SGX:C09) Share Price Is Down 44% Over The Past Three Years.
Feb 21Something To Consider Before Buying City Developments Limited (SGX:C09) For The 2.7% Dividend
Jan 24What Type Of Shareholders Own The Most Number of City Developments Limited (SGX:C09) Shares?
Jan 06Are City Developments's (SGX:C09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 19Is City Developments Limited (SGX:C09) Potentially Undervalued?
Dec 06City Developments' (SGX:C09) Stock Price Has Reduced 37% In The Past Three Years
Nov 22CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | S$305m |
Sep 30 2023 | n/a | n/a | S$262m |
Jun 30 2023 | n/a | n/a | S$219m |
Mar 31 2023 | n/a | n/a | S$746m |
Dec 31 2022 | S$4m | S$986k | S$1b |
Sep 30 2022 | n/a | n/a | S$1b |
Jun 30 2022 | n/a | n/a | S$1b |
Mar 31 2022 | n/a | n/a | S$648m |
Dec 31 2021 | S$2m | S$776k | S$72m |
Sep 30 2021 | n/a | n/a | -S$947m |
Jun 30 2021 | n/a | n/a | -S$2b |
Mar 31 2021 | n/a | n/a | -S$2b |
Dec 31 2020 | S$1m | S$863k | -S$2b |
Sep 30 2020 | n/a | n/a | -S$886m |
Jun 30 2020 | n/a | n/a | S$193m |
Mar 31 2020 | n/a | n/a | S$350m |
Dec 31 2019 | S$3m | S$851k | S$552m |
Sep 30 2019 | n/a | n/a | S$542m |
Jun 30 2019 | n/a | n/a | S$600m |
Mar 31 2019 | n/a | n/a | S$659m |
Dec 31 2018 | S$2m | S$858k | S$544m |
Compensation vs Market: Sherman's total compensation ($USD2.87M) is above average for companies of similar size in the SG market ($USD1.77M).
Compensation vs Earnings: Sherman's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Sherman Kwek (48 yo)
6.2yrs
Tenure
S$3,866,739
Compensation
Mr. Eik Tse Kwek, also known as Sherman, serves as Non-Executive Director of IREIT Global since December 1, 2022. Mr. Kwek has been Group Chief Executive Officer of City Developments Limited (“CDL”) since...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 55.2yrs | S$7.78m | 0.044% SGD 2.3m | |
Group CEO & Executive Director | 6.2yrs | S$3.87m | no data | |
Group Chief Financial Officer | 8.2yrs | no data | no data | |
Group Chief Operating Officer | 2.2yrs | no data | no data | |
Chief Investment Officer | less than a year | no data | no data | |
Senior Vice President of Group Accounts | no data | no data | no data | |
Chief Technology Officer | 8.2yrs | no data | no data | |
Head of Administration Department | no data | no data | no data | |
VP and Head of IR & Corporate Communications | no data | no data | no data | |
Senior Vice President of Legal | no data | no data | no data | |
Senior Vice President of Sales & Marketing | no data | no data | no data | |
Chief Sustainability Officer | no data | no data | no data |
6.2yrs
Average Tenure
49yo
Average Age
Experienced Management: C09's management team is seasoned and experienced (6.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 55.2yrs | S$7.78m | 0.044% SGD 2.3m | |
Group CEO & Executive Director | 4.8yrs | S$3.87m | no data | |
Non-Independent Non-Executive Director | 14.8yrs | S$91.00k | no data | |
Independent Non-Executive Director | less than a year | no data | no data | |
Non-Executive & Independent Director | 3.3yrs | S$139.00k | no data | |
Non Executive & Independent Director | 3.3yrs | S$235.00k | no data | |
Independent Non-Executive Director | 2.2yrs | S$135.00k | no data | |
Independent Non-Executive Director | 3.3yrs | S$233.00k | no data | |
Non-Executive & Independent Director | 3.4yrs | S$159.00k | no data | |
Lead Independent Director | 3.2yrs | S$287.00k | no data |
3.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: C09's board of directors are considered experienced (3.3 years average tenure).