CTBC Financial Holding Co (中信金控) paid the highest compensation to its board members among companies listed on the Taiwan Stock Exchange (TWSE) in 2024, with contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) ranking third, data released on Friday by the exchange showed.
CTBC Financial paid an average of NT$95.73 million (US$3.04 million) in board member compensation in 2024, ahead of multilayer ceramic capacitor maker Yageo Corp (國巨), which paid NT$78.25 million, and TSMC, which paid NT$50.72 million, TWSE data showed.
Despite paying the highest board compensation, CTBC Financial posted earnings per share of NT$3.64 in 2024, far below Yageo’s NT$38.13 and TSMC’s NT$45.25.
Photo: An Rong Xu, Bloomberg
KGI Financial Holding Co (凱基金控) ranked fourth, paying its board members an average of NT$50.23 million in 2024, followed by Yuanta Financial Holding Co (元大金控) at NT$44.33 million.
Rounding out the top 10 were smartphone camera lens supplier Largan Precision Co (大立光), Fubon Financial Holding Co (富邦金控), Hotai Motor Co (和泰汽車), TS Financial Holding Co (台新新光金控) and Taichung Commercial Bank Co (台中商銀), with average board member compensation ranging from NT$30 million to NT$40 million, the data showed.
On the over-the-counter market, engineering system integration services provider Acter Co (聖暉工程) paid the highest average board compensation at NT$15.59 million in 2024, followed by gaming software developer International Games System Co (鈊象電子) at NT$15.42 million and Yuanta Futures Co (元大期貨) at NT$4.91 million.
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