Venture Management
Management criteria checks 2/4
Venture's CEO is Chee Kheong Wong, appointed in Jun 2023, has a tenure of 1.08 years. total yearly compensation is SGD1.36M, comprised of 61% salary and 39% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth $1.52M. The average tenure of the management team and the board of directors is 1.1 years and 6.5 years respectively.
Key information
Chee Kheong Wong
Chief executive officer
S$1.4m
Total compensation
| CEO salary percentage | 61.0% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.1yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | S$1m | S$832k | S$270m |
Compensation vs Market: Chee Kheong's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Insufficient data to compare Chee Kheong's compensation with company performance.
CEO
Chee Kheong Wong
1.1yrs
Tenure
S$1,363,317
Compensation
Mr. Chee Kheong Wong serves as Chief Executive Officer of Advanced Manufacturing & Design Solutions at Venture Corporation Limited since June 1, 2023. He served as Chief Operating Officer at Venture Corpor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 35.5yrs | S$7.80m | 7.14% SGD 231.4m | |
| Chief Executive Officer of Advanced Manufacturing & Design Solutions | 1.1yrs | S$1.36m | 0.047% SGD 1.5m | |
| Chief Executive Officer of Technology Products & Solutions | no data | S$1.57m | 0.038% SGD 1.2m | |
| Group Chief Financial Officer | 1.1yrs | no data | 0.0059% SGD 189.9k | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Head of NCIS | no data | no data | no data | |
| Chief Human Resource Officer | 1.1yrs | no data | no data | |
| Head of Ventech R&D | no data | no data | no data | |
| Company Secretary & Head of Corporate Affairs | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: VEML.Y's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 35.5yrs | S$7.80m | 7.14% SGD 231.4m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.8yrs | S$110.00k | no data | |
| Independent Non-Executive Director | 6.5yrs | S$120.00k | no data | |
| Non-Independent Non-Executive Director | 14.8yrs | S$110.00k | no data | |
| Independent Non-Executive Director | 8.5yrs | S$110.00k | no data | |
| Lead Independent Director | 5.7yrs | S$120.00k | 0.0010% SGD 33.4k |
6.5yrs
Average Tenure
69.5yo
Average Age
Experienced Board: VEML.Y's board of directors are considered experienced (6.5 years average tenure).