Annual Report 2016
33
CORPORATE GOVERNANCE REPORT
REMUNERATION AND BENEFITS OF DIRECTORS AND TOP FIVE KEY
EXECUTIVES
– continued
The remuneration of the top five Senior Management Personnel for the Year is as follows:
Position
Performance
Remuneration Bands
as at March 31, 2016
Salary
Bonus Others Total
%
%
% %
Senior Management Personnel
S$250,000 – S$499,999
Chan Sik Kong, Ringo
Deputy Managing Director of Sales and Marketing 63
20
17
100
Choi Pik Sing, Derek
Sales Director – North China
60
25
15
100
Chu Ki Pun, Joseph
Deputy Managing Director of Marketing
59
19
22
100
Lam Chi Cheung, Ken
Sales Director – South China
73
22
5
100
Leung Chi Hang, Daniel
Deputy Managing Director of Information
81
11
8
100
Technology and Logistics
The aggregate total remuneration paid to the top five (5) Senior Management Personnel for the Year was
approximately equivalent to S$1,690,000.
On September 1, 2008, Mr. Leung Chi Hang, Daniel, the eldest son of Mr. Leung Chun Wah, the
Chairman of the Company, was employed as the General Manager for Information Technology and
Logistics. He was promoted to the Deputy Managing Director of Information Technology and Logistics on
April 1, 2015. The aggregate total remuneration paid to Mr. Leung Chi Hang, Daniel during the Year was
within the range of S$300,000 – S$349,999.
On July 3, 2007, Mr. Leung Chi Yung, Albert, the second son of the Chairman of the Company, was
employed as a trainee officer and was subsequently promoted to Assistant Product Manager. His
remuneration for the Year is within the range of S$50,000 – S$99,999.
EMPLOYEE SHARE OPTION SCHEME COMMITTEE
The ESOS Committee comprises Mr. Leung Chun Wah (as Chairman), Mr. Kwok Chan Cheung, both
being Executive Directors and Mr. Iu Po Chan, Eugene, an INED. The Committee is responsible for
determining the persons who may participate in the Willas-Array Electronics Employee Share Option
Schemes as well as the size, terms and conditions of the grants of share options.
During the Year, the ESOS Committee held one meeting and reviewed the adjustment to the price and
number of underlying Shares comprised in the share options granted due to the share consolidation of
every five (5) shares each then into one (1) consolidated share, which became effective on August 17,
2015.
