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Singapore telecoms company slashes CEO’s salary over outages

Singapore telecoms company slashes CEO’s salary over outages
Key Points

The chief executive of Singapore’s largest and oldest telecommunications company took a pay cut last year despite the company posting a sharp rise in profits, after a series of network failures dented its operational record. Singtel CEO Yuen Kuan Moon received S$6.8 million (US$5.3 million) for the financial year ended March 31, down 16.9 per cent from S$8.2 million a year earlier, according to the company’s annual report released on Tuesday and first reported by The Straits Times.

The chief executive of Singapore’s largest and oldest telecommunications company took a pay cut last year despite the company posting a sharp rise in profits, after a series of network failures dented its operational record. Singtel CEO Yuen Kuan Moon received S$6.8 million (US$5.3 million) for the financial year ended March 31, down 16.9 per cent from S$8.2 million a year earlier, according to the company’s annual report released on Tuesday and first reported by The Straits Times. The pay cut...
Singapore (LOCATION) Singtel (ORG) Yuen Kuan Moon (PERSON) The Straits Times (ORG)
Originally published by South China Morning Post Read original →