For FY2023, Wong received $2.524 million in cash bonus earned, which is based on the achievement of the group’s balance scorecard key performance indicators such as net profit, ROE, carbon intensity, ESG-related metrics, among others. This culminated in the higher payout for Wong in FY2023.
Sembcorp Industries’ group CEO Wong Kim Yin is receiving a total pay package of $6.41 million for FY2024, an 18.91% decrease from the pay package in FY2023 despite beating consensus forecasts for its full year results at $1.01 billion.
According to Sembcorp’s annual report published April 2, Wong has a base pay of $1.37 million, and a cash bonus of $1.568 million.
