DBS outgoing CEO pay up 57% in 2024

DBS outgoing CEO pay up 57% in 2024; successor sees momentum
DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit. Southeast Asia's largest lender by assets also has "momentum",
DBS Outgoing CEO Gets $13 Million in ‘Another Banner Year’
DBS Group Holdings Ltd. raised Chief Executive Officer Piyush Gupta’s total remuneration for 2024 by 56%, citing the bank’s record profits, standout wealth business and strengthened technology.
Outgoing DBS chief Piyush Gupta’s 2024 pay rises to $17.6 million after bank’s record earnings
The bank achieved a record performance in 2024 as full-year net profit rose 11% to $11.4 billion. Read more at straitstimes.com.
DBS outgoing CEO took record $13 million pay in 2024; successor sees momentum
DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit. DBS, Southeast Asia's largest lender by assets,
Outgoing DBS CEO Piyush Gupta gets a 57% pay bump, reversing a massive cut in 2023
Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency”
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% will be in cash and the remainder will be in the form of shares.
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