Page 41 - ar2011_2012

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ANNUAL REPORT 2011/2012
c. Key executives and remuneration policy
The Company adopts a remuneration policy for staff comprising a fxed component and a
variable component. The fxed component is in the form of a base salary and allowances.
The variable component is in the form of a variable bonus that is linked to the Company and
each individual’s performance.
In addition, employees of the Group are eligible to participate in the Share Option Plan and
Performance Share Plan. Additional information on both plans are set out in the Directors’
Report.
Information on key executives:
Name and Designation
Academic/ Professional
Qualifcations
No. of
Years
with the
Group
Prior Working
Experience
Mr Tay Lai Wat
Chief Financial Offcer/
Chief Operating Offcer
● BA (Accountancy)
(University of Sterling)
● Member of Institute of
Chartered Accountants
of Scotland
17 Group Financial
Controller for First
Capital Corporation Ltd
(n.k.a. Guocoland
Limited)
Mr. Thomas Ong
Chief Operating Offcer
Stamford Hotels and
Resorts
● Certifed Hotel Administrator
● Member of Association of
International Accountants
(UK)
● Advance Certifcate in
Business Administration
(University of Hong Kong)
11 Director of Operations
for Bass Hotels &
Resorts
Mr Jon Foo
Deputy Chief
Operating Offcer
Stamford Hotels and
Resorts
● Master of Business
Administration, University
of Brunel (West London),
Henley Management College
● First Class Competency,
Marine Engineer, Marine
Department, (Ministry of
Communication)
● Diploma in Marine,
Engineering (Singapore
Polytechnic)
15 Served in senior
positions in Sea-Pac
Management Pte Ltd
and Neptune Ship
Management Pte Ltd
Corporate Governance Statement