City Developments Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Sherman Kwek
Chief executive officer
S$3.5m
Total compensation
CEO salary percentage | n/a |
CEO tenure | 6.9yrs |
CEO ownership | n/a |
Management average tenure | 7.9yrs |
Board average tenure | 4.1yrs |
Recent management updates
Recent updates
City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price
Oct 25City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet
Oct 04Revenues Working Against City Developments Limited's (SGX:C09) Share Price
Jul 26City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate
Jun 28What Is City Developments Limited's (SGX:C09) Share Price Doing?
May 21Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why
Apr 17City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 01Is 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 25CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | S$328m |
Mar 31 2024 | n/a | n/a | S$316m |
Dec 31 2023 | S$4m | 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$544m |
Compensation vs Market: Sherman's total compensation ($USD2.59M) is about average for companies of similar size in the SG market ($USD2.05M).
Compensation vs Earnings: Sherman's compensation has been consistent with company performance over the past year.
CEO
Sherman Kwek (49 yo)
6.9yrs
Tenure
S$3,515,826
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$6.91m | 0.044% SGD 2.0m | |
Group CEO & Executive Director | 6.9yrs | S$3.52m | no data | |
Group Chief Financial Officer | 8.9yrs | no data | no data | |
Group Chief Operating Officer | 2.9yrs | no data | no data | |
Chief Investment Officer | 1.5yrs | no data | no data | |
Senior Vice President of Group Accounts | no data | no data | no data | |
Chief Technology Officer | 8.9yrs | 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 |
7.9yrs
Average Tenure
50yo
Average Age
Experienced Management: C09's management team is seasoned and experienced (7.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 55.2yrs | S$6.91m | 0.044% SGD 2.0m | |
Group CEO & Executive Director | 5.6yrs | S$3.52m | no data | |
Non-Independent Non-Executive Director | 15.6yrs | S$95.00k | no data | |
Independent Non-Executive Director | 1.8yrs | S$153.72k | no data | |
Non-Executive & Independent Director | 4.1yrs | S$139.00k | no data | |
Non Executive & Independent Director | 4.1yrs | S$247.00k | 0.0045% SGD 203.7k | |
Independent Non-Executive Director | 2.9yrs | S$147.43k | no data | |
Independent Non-Executive Director | 4yrs | S$244.78k | no data | |
Non-Executive & Independent Director | 4.2yrs | S$170.78k | 0.011% SGD 508.9k | |
Lead Independent Director | 3.9yrs | S$302.78k | no data |
4.1yrs
Average Tenure
63yo
Average Age
Experienced Board: C09's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 12:04 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
City Developments Limited is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Tricia Song | Barclays |
Chin Hong Pang | BNP Paribas Securities (Asia) |
Donald Chua | BofA Global Research |