SIA Chief Among Industry’s Top-Paid CEOs With 86% Jump

Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$6.7 million ($5 million) last financial year, an 86% increase that puts him among the best-paid leaders in the industry.

Emerging from the Covid crisis with a record annual profit, Singapore Airlines said it would pay staff a bonus of about eight months’ salary, Bloomberg News reported last month. Goh, 59, had a base salary of S$1.1 million, which is lower than before the pandemic, according to the airline’s annual report, published Wednesday. The majority of his pay is bonuses and vested share awards.