Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Now is no time to add pressure on businesses: top executives

    Now is no time to add pressure on businesses: top executives
  2. 2

    CJ CheilJedang to spur overseas growth with new Hungary, US plants

    CJ CheilJedang to spur overseas growth with new Hungary, US plants
  3. 3

    Blackpink's solo journeys: Complementary paths, not competition

    Blackpink's solo journeys: Complementary paths, not competition
  4. 4

    Nationwide rail disruptions feared as union plans strike from Dec. 5

    Nationwide rail disruptions feared as union plans strike from Dec. 5
  5. 5

    Nearly half of pines at Seoraksan face extinction due to global warming: study

    Nearly half of pines at Seoraksan face extinction due to global warming: study
  1. 6

    Seoul to host winter festival from Dec. 13

    Seoul to host winter festival from Dec. 13
  2. 7

    N. Korea, Russia court softer image: From animal diplomacy to tourism

    N. Korea, Russia court softer image: From animal diplomacy to tourism
  3. 8

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
  4. 9

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
  5. 10

    Main opposition pushes to ease, not postpone, tax on crypto gains

    Main opposition pushes to ease, not postpone, tax on crypto gains
지나쌤

Samsung's CEO salaries drop on reduced incentives

By 이지윤

Published : Nov. 16, 2015 - 18:00

    • Link copied

Samsung Electronics’ three co-CEOs were found Monday to have seen a drastic drop in their compensations this year. 

Samsung Electronics vice chairman Kwon Oh-hyun Samsung Electronics vice chairman Kwon Oh-hyun

According to the company’s regulatory filing, vice chairman Kwon Oh-hyun, the highest-paid CEO, received a total salary of 3.82 billion won ($3.25 million), including 2.23 billion won in bonus, over the nine months that ended in September.

The figure compared with 6.25 billion won he received during the same period last year.

CEO Yoon Boo-keun, head of the consumer electronics business division, received 2.34 billion won, down from 3.61 billion won a year ago.

CEO Shin Jong-kyun, the mobile business chief, suffered the largest drop as his salary fell to 2.28 billion won from 12.03 billion won.

Their compensations fell 30 to 80 percent from a year ago. Even though salaries almost remained the same, incentives decreased due to the company’s sluggish sales this year. 

By Lee Ji-yoon (jylee@heraldcorp.com)

More from Headlines