Oh hyun kwon compensation and benefits

 Samsung Electronics' top executive directors took home an average of 6 billion won ($5 million) in compensation last year.   
 
According to documents filed with the Financial Services Commission and Korea Exchange, a total of billion won was paid to 11 registered executive directors last year.

 
The pay of six independent or outside directors including former Finance Minister Park Jae-won is fixed.

Oh hyun kwon compensation and benefits center Samsung CEO's sudden departure signals change, challenge for company. It is an average of 6. Join ST's Telegram channel and get the latest breaking news delivered to you. Oh-Hyun Kwon is currently 62 years old.

While the amount has not been disclosed, it is expected that their pay is about the same as what they received in    
 
The six outside directors in total were paid million won.  
 
Therefore, the five inside executive directors including Kim Ki-nam, Samsung Advanced Institute of Technology chairman, received a total of billion won.

 
 
This translate to an average of billion won per inside executive director.  
 
Kim Ki-nam was promoted to his current position in December. He was previously the vice chairman and head of the company’s DS Division.

Oh hyun kwon compensation and benefits program In his emotionally charged letter to Samsung employees, he said that he felt the timing is right for him to leave now, considering the nature of the fast-evolving IT industry. Local experts say Mr Kwon's departure reflects the tech giant, though in its thriving status, being pressed with a burden of uncertain future. He works especially in the semiconductor branch of the Korean giant and leading the development of the first memory RAM of 64MB sector in He has also contributed his expertise to a number of technical journals on semiconductor related topics.

 
 
Other inside directors included former co-CEOs Koh Dong-jin and Kim Hyun-suk as well as Han Jong-hee, who was promoted from head of the company’s visual display department to vice chairman and CEO of the newly merged SET Division in December, and Choi Yoon-ho, Samsung SDI CEO, who until December was CFO of Samsung Electronics.

 
 
The paychecks of Samsung’s executives have been rising rapidly thanks to the company’s record breaking performance.  
 
The average annual salary of  inside directors in was 3 billion won. In it rose 77 percent to billion won.

Oh hyun kwon compensation and benefits Biography Dr. Samsung CEO's sudden departure signals change, challenge for company. Harman and Samsung's IM business are currently developing an artificial intelligence platform by as early as next year. Samsung Electronics promised today to pay compensation to emp who claim they contracted cancer from working at co's semiconductor plants.

 
 
In , Samsung’s Chairman Kim Ki-nam was paid billion won including billion won in a bonus.  
 
The co-CEO Koh Dong-jin was paid billion won, Kim Hyun-suk billion won, Han Jong-hee billion won and Choi Yoon-ho 3 billion won.  
 
Former Vice Chairman Kwon Oh-hyun still holds the record for annual salaries among Samsung Electronics directors.

 
 
Kwon, who retired in , received billion won including severance pay that year.  
 
Vice Chairman Lee Jae-yong, the grandson of Samsung founder Lee Byung-chull, has not taken pay from Samsung since  
 
He is not, however, required to disclose how much he received from the company as an unregistered director.

 
 
The details of how much each director received last year will be disclosed during the company’s shareholders’ meeting next month.  
 
Under the Capital Markets Act, which was revised in , all registered directors of listed companies that are paid more than million won in annual salary are required to disclose the amounts they receive.

 
 
Thanks to booming global demand for semiconductor, Samsung Electronics last year reported a record-breaking performance.

Compensation and benefits meaning Samsung Electronics Co apologizes to sickened chip workers Samsung apologized and promised compensation to chip factory workers who suffered cancers linked to chemical exposure, a rare win for families. Oh-Hyun Kwon joined Samsung Electronics in Let's Go! Samsung apologized and promised compensation to chip factory workers who suffered cancers linked to chemical exposure, a rare win for families.

 
 
Sales hit an all-time high of trillion won in , up 18 percent from a year earlier.  
 
Net profit jumped percent to trillion won. Operating profit rose percent to 6 trillion won,
 
However, Korea’s biggest company is facing its first strike since it was founded.  
 
Labor representatives argue that the pay gap between top level officials and other employees is too wide.

 
 

BY KWON HYE-RIM [[email&#;protected]]