Shandong Weigao Group Medical Polymer Management
Management criteria checks 2/4
Shandong Weigao Group Medical Polymer's CEO is Rinan Cong, appointed in Mar 2021, has a tenure of 3.08 years. total yearly compensation is CN¥4.96M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth $1.43M. The average tenure of the management team and the board of directors is 5.1 years and 2 years respectively.
Key information
Rinan Cong
Chief executive officer
CN¥5.0m
Total compensation
| CEO salary percentage | 19.2% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.1yrs |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CN¥2b |
| Sep 30 2023 | n/a | n/a | CN¥2b |
| Jun 30 2023 | n/a | n/a | CN¥2b |
| Mar 31 2023 | n/a | n/a | CN¥3b |
| Dec 31 2022 | CN¥5m | CN¥950k | CN¥3b |
| Sep 30 2022 | n/a | n/a | CN¥3b |
| Jun 30 2022 | n/a | n/a | CN¥3b |
| Mar 31 2022 | n/a | n/a | CN¥2b |
| Dec 31 2021 | CN¥3m | CN¥903k | CN¥2b |
Compensation vs Market: Rinan's total compensation ($USD683.79K) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Rinan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rinan Cong (42 yo)
3.1yrs
Tenure
CN¥4,955,000
Compensation
Mr. Rinan Cong serves as Chief Executive Officer at Shandong Weigao Group Medical Polymer Company Limited since March 30, 2021 and serves as Executive Director since May 24, 2021. He joined the Company in...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & Compliance Officer | 3.1yrs | CN¥12.09m | 0.14% CN¥ 4.2m | |
| CEO & Executive Director | 3.1yrs | CN¥4.96m | 0.048% CN¥ 1.4m | |
| Executive Director | 1.8yrs | CN¥1.56m | no data | |
| Chief Financial Officer | 7.2yrs | no data | no data | |
| Company Secretary | 17.9yrs | no data | no data |
5.1yrs
Average Tenure
48yo
Average Age
Experienced Management: SHWG.Y's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & Compliance Officer | 3.1yrs | CN¥12.09m | 0.14% CN¥ 4.2m | |
| CEO & Executive Director | 2.9yrs | CN¥4.96m | 0.048% CN¥ 1.4m | |
| Executive Director | 1.8yrs | CN¥1.56m | no data | |
| Non-Executive Director | 3.1yrs | no data | no data | |
| Independent Non-Executive Director | 1.6yrs | CN¥30.00k | no data | |
| Independent Non-Executive Director | 1.8yrs | CN¥97.00k | no data | |
| Vice Chairman | 3.1yrs | no data | no data | |
| Chairman of the Supervisors | 3.8yrs | no data | no data | |
| Shareholders Representative Supervisor | 1.8yrs | no data | no data | |
| Employee Representative Supervisor | 2yrs | no data | no data | |
| Independent Non-Executive Director | 1.3yrs | no data | no data |
2.0yrs
Average Tenure
47yo
Average Age
Experienced Board: SHWG.Y's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.