Singapore Exchange (SGX Group) CEO Loh Boon Chye was paid $7.8 million in the FY2025 ended June 30, 3.3% higher than his total pay package of $7.6 million last year.
Loh’s fixed pay in FY2025 remained largely unchanged y-o-y at $1.2 million, although his cash bonus for the financial year rose by 3.6% y-o-y to $3.3 million, up from $3.2 million.
Loh’s long-term incentives, which include contingent performance shares awarded during the year, also increased by 3.6% y-o-y to $3.3 million, from $3.1 million previously. According to the annual report, the figure is due to the achievement of pre-determined targets over a three-year performance period.
The performance targets stipulated for FY2025 were SGX’s strategic priorities, earnings per share (EPS), relative total share return (TSR) against “selected peer exchanges”, as well as the relative TSR against peer companies within the Straits Times Index.
Loh’s benefits in kind were up by 31.96% y-o-y to $75,553, from $57,256 last year.
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This year, SGX’s top-five earning executives are: Michael Syn, president of SGX Group; Tan Boon Gin, CEO of Singapore Exchange Regulation (SGX RegCo); Ng Yao Loong, head of equities at SGX Group; Pol de Win, head of global sales and origination at SGX Group; and Tinku Gupta, chief information officer at SGX Group.
Syn took home a total of $3 million, while Tan earned $2.3 million during the year. Ng, de Win and Gupta earned $2 million, $1.9 million and $1.8 million respectively.
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SGX will hold its annual general meeting (AGM) at 10.30am on Oct 9.
