62
BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
CorporateGovernance
sustain
The remunerationof the topfivekeyexecutives,whoarenotDirectorsof theCompany for FY2013 fallwithin the remuneration
bands is as follows:
Topfive keyexecutives
Designation
Fees
Salary,
CPF&
Allowance
(%)
Bonus
(%)
Other
Benefits
(%)
$1,250,000 to $1,500,000
Ong ThianWheeAlbert
ManagingDirector
(SeaDeep Shipyard Pte. Ltd.)
-
17
83
-
$250,000 tobelow $500,000
TanKiangKherng
Chief Financial Officer
(Baker Technology Limited)
-
69
31
-
TanKeng TiongAlvin
Senior Vice President -
Business Development
(Baker Technology Limited)
-
71
29
-
Below $250,000
TanWee Lee
(1)
ManagingDirector
(Baker Engineering Pte. Ltd.)
-
70
30
-
HeathMcIntyre
(2)
ManagingDirector
(BT Investment Pte. Ltd.)
-
100
-
-
Notes:
(1)
Mr TanWee Lee joined Baker Engineering Pte. Ltd. on 1October 2013 and his salary is pro-rated for FY2013 accordingly.
(2)
Mr HeathMcIntyre joined BT Investment Pte. Ltd. on 16December 2013 andhis salary is pro-rated for FY2013 accordingly.
TheCompany believes that itmay not be in theGroup’s interest to disclose the remuneration of the Executives to the level as
recommended by theCode, given highly competitive hiring conditions and the need to retain theGroup’s talent pool.
There are no employees in theGroupwho are immediate familymembers of a Director or the CEO andwhose remuneration
exceeds $50,000 during FY2013.
