Datuk idris jala managing director salary
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Directors of GLCs receive relatively lower emoluments compared with other public-listed entities. It is not easy managing some GLCs, as the management often has to consider social interest, in some cases taking on projects for national pride and not just profit. Worse still, the non-performers are not easily dismissed.
Professional managers at the helm, however, are not that well paid considering the burden on their shoulders. Tenaga Nasional Bhd, Malaysian Airline System Bhd (MAS) and Proton Holdings Bhd are some examples.
For instance, the entire board of Tenaga received RM million, which is what some executive directors in non-GLCs are paid.
Hong Leong Bank Bhd managing director Yvonne Chia took home RM million last year, while PBB Group Bhd’s executive director was paid RM million.
The sum of RM million is certainly nowhere near the astronomical amounts paid to some “owner chief executives”, such as Genting Bhd’s Tan Sri Lim Kok Thay, IOI Corp Bhd’s Tan Sri Lee Shin Cheng and YTL Corp Bhd’s Tan Sri Yeoh Tiong Lay, who get eight-figure pay cheques (read main story).
Despite the difficulty in making profits at Tenaga in a high-fuel-co
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