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 | 28.0% |
CEO tenure | 6.3yrs |
CEO ownership | n/a |
Management average tenure | 6.3yrs |
Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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$544m |
Compensation vs Market: Sherman's total compensation ($USD2.58M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Sherman's compensation has been consistent with company performance over the past year.
CEO
Sherman Kwek (48 yo)
6.3yrs
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 |
---|---|---|---|---|
Group CEO & Executive Director | 6.3yrs | S$3.52m | no data | |
Executive Chairman of the Board | 54.5yrs | S$7.78m | 0.044% SGD 1.8m | |
Group Chief Financial Officer | 8.3yrs | no data | no data | |
Group Chief Operating Officer | 2.3yrs | 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 | 8.3yrs | 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 |
6.3yrs
Average Tenure
49yo
Average Age
Experienced Management: CDEV.F's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Executive Director | 4.9yrs | S$3.52m | no data | |
Executive Chairman of the Board | 54.5yrs | S$7.78m | 0.044% SGD 1.8m | |
Non-Independent Non-Executive Director | 14.9yrs | S$95.00k | no data | |
Independent Non-Executive Director | 1.1yrs | no data | no data | |
Non-Executive & Independent Director | 3.4yrs | S$139.00k | no data | |
Non Executive & Independent Director | 3.4yrs | S$235.00k | no data | |
Independent Non-Executive Director | 2.3yrs | S$135.00k | no data | |
Independent Non-Executive Director | 3.3yrs | S$244.78k | no data | |
Non-Executive & Independent Director | 3.5yrs | S$159.00k | no data | |
Lead Independent Director | 3.3yrs | S$287.00k | no data |
3.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CDEV.F's board of directors are considered experienced (3.4 years average tenure).