How Fai was paid
$19.4M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Total |
|---|---|---|---|
| Robert E. Diamond, Jr.Chairman of the Board | $948,920 | $17,590,125 | $18,539,045 |
| Bobby SarneveshtVice Chairman and Executive Director | $100,000 | $5,823,688 | $5,923,688 |
| NG Wing FaiChief Executive Officer and Executive Director | $1,536,093 | $17,823,306 | $19,359,399 |
| SHU Pei Huang, DesmondActing Chief Financial Officer | $352,604 | $2,025,108 | $2,377,712 |
| WONG Suet Fai, AlmondChief Operating Officer | $453,623 | $2,071,449 | $2,525,072 |
| Jeroen NieuwkoopChief Strategy Officer | $484,555 | $2,863,345 | $3,347,900 |
| Richard KongDeputy Chief Financial Officer and Company Secretary | $156,309 | $77,970 | $234,612 |
What changed and why
- $19.4M$19,359,399 was the CEO's 2024 total compensation, versus $1,635,628 in 2023.
- $17.8M$17,823,306 of the CEO's 2024 compensation consisted of equity awards.
- 2024 share awards were granted during 2022 through 2024 and vested during 2023 and 2024.
- The Remuneration Committee will make future executive compensation decisions and annually review base salaries.
- The company expects executive compensation to reflect current compensation in both form and amount.
- Directors began receiving cash fees under the director compensation program following the Business Combination closing.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.