Kwon Oh-hyun, advisor, severance pay only 9.3 billion won Major executives’ salary doubled
It was found that even in the midst of the Corona 19 pandemic, the annual salary of major executives at Samsung Electronics, which led the surplus of 36 trillion won last year, has more than doubled.
Kim Ki-nam, vice chairman of the device solution (DS) division, received a total of 8,274 billion won, more than doubled his annual salary compared to the previous year.
Adviser Oh-hyun Kwon, who left his business, received a total of 17.2 billion won, including severance pay, and was the highest paid.
According to the 2020 business report announced by Samsung Electronics on the 9th, the total amount of remuneration paid to six executive directors, including Vice Chairman Kim Ki-nam, was 32.24 billion won.
The average amount is 5,375 million won per person.
Vice Chairman Kim Ki-nam’s annual salary was 8,274 billion won, the highest among executive directors.
It is more than twice the remuneration in 2019 (3.45 billion won).
In terms of the compensation composition, the salary was 1.49 billion won, which was similar to the previous year (1.37 billion won), but there was a big difference in bonuses.
Vice Chairman Kim Ki-nam’s bonus has more than tripled from 1.95 billion won in 2019 to 6.61 billion won last year.
Bonuses consist of’target incentives’ that are paid twice a year within 200% of monthly salary,’performance incentives’ within 50% of annual salary, and’long-term performance incentives’ that are paid in installments for 3 years based on the rate of return. It depends greatly.
Ko Dong-jin, president of the IT and mobile (IM) division, paid 6,712 million won last year, more than doubled the previous year’s 2.83 billion won.
President Dong-jin Ko’s salary is 1.17 billion won in salary, 5.46 billion won in bonuses, and 82 million won in other income including welfare benefits.
Kim Hyun-seok, president of the Consumer Electronics (CE) division, received 54.57 billion won last year.
President Kim Hyun-seok’s 2019 salary is 2.58 billion won.
President Kim Hyun-seok received 998 million won in salary last year, 4.36 billion won in bonuses, and 98 million won in other earned income.
Kwon Oh-hyun, who left the field after leaving the position of vice chairman, received a total of 17.2 billion won in severance pay last year, and received the most compensation from Samsung Electronics.
Advisor Kwon received 792 million won in salary, 73.2 billion won in bonuses, and 9.29 billion won in severance pay for 27 years of executive service.
Adviser Yoon Buk-geun also received a total of 1,527 billion won in retirement allowance of 6 billion won. received.
In the ranking of Samsung Electronics executive compensation last year, Kwon Oh-hyun was the highest, followed by advisor Yoon Buk-geun, Shin Jong-gyun, former advisor Jeon Jeon-soo, and vice chairman Ki-nam Kim.
Vice Chairman Lee Jae-yong has not received salaries from Samsung Electronics since February 2017.
/yunhap news