current position:Home>After taking tens of millions less, the management of Lenovo holdings took the initiative to reduce the salary by 70%

After taking tens of millions less, the management of Lenovo holdings took the initiative to reduce the salary by 70%

2022-04-29 13:09:3736kr

Lenovo has always been a high paid representative of domestic enterprises , Lenovo Group, an important subsidiary of Lenovo holdings, has previously attracted widespread attention due to executive compensation .2011 Fiscal year to 2021 The fiscal year ( By then 3 month 31 Day end ), Chairman of Lenovo Group CEO Yang Yuanqing's total salary reached 2.08 Billion dollars , At the current exchange rate , renminbi 13.78 One hundred million yuan , among 2021 Salary for the fiscal year is 2616.6 Thousands of dollars , renminbi 1.73 One hundred million yuan . Liu Chuanzhi, founder of Lenovo, from 2014 After retirement in , Receive... From Lenovo Group every fiscal year 150 Pension... Million dollars , renminbi 992 Ten thousand yuan .

4 month 28 After-hours , Lenovo holdings (3396.HK) Release 2021 Annual report , The main management of Lenovo Holdings 2021 The sharp salary cut in has aroused widespread concern . among , Chairman Ning min and CEO Li Peng's salary fell by 70% about .

The main management of Lenovo Holdings 2021 The total annual salary is 4736.3 Ten thousand yuan , a 2020 Annual reduction 1.38 One hundred million yuan , Decrease to 74.5%. among , Chairman of Lenovo Holdings 、 Ning min, executive director 2021 Annual salary 1650.9 Ten thousand yuan , a 2020 Annual reduction 3813 Ten thousand yuan , A drop of 69.8%; Executive director 、 CEO Li Peng 2021 Annual salary 1343.5 Ten thousand yuan , a 2020 Annual reduction 3338 Ten thousand yuan , A drop of 71.3%.

Ning min and Li Peng received basic salary from Lenovo holdings 、 Discretionary bonus 、 Medium and long term incentives 、 Pension scheme contributions and other benefits . Annual report disclosure , Ning min and Li Peng gave up on their own initiative 2021 Discretionary bonus at the end of the year and medium and long-term incentive awards .2020 year , Ning min's discretionary bonus and medium and long-term incentive awards are 2070 Million and $ 1814.5 Ten thousand yuan ; At the same time , Li Peng has 1680 Million and $ 1717.5 Medium and long-term incentive bonus of 10000 yuan .

According to the regulations of the Hong Kong Stock Exchange , The annual report also disclosed 2021 The five highest paid people in Lenovo holdings and its subsidiaries . among , The highest total salary is 3.52 One hundred million yuan , However, none of the five highest paid people include any director or senior executive of Lenovo Holdings .

2019 In, Lenovo holdings completed the alternation of new and old management teams , Chairman Ning min 、CEO Li Peng replaced the combination of Liu Chuanzhi and Zhu Linan , At the helm of Lenovo Holdings .

Now 59 Zhu Linan, 19, is the director and supervisor of Lenovo holding with the largest salary reduction .2020 year , Zhu Linan's total salary 6198.1 Ten thousand yuan , More than half of them contribute to pension schemes .2021 year , Zhu Linan only enjoys the director's robe and medium and long-term incentive awards , Pay has fallen by nearly 6000 Ten thousand yuan , Only 218.7 Ten thousand yuan , Drop by more than 96%.

It has also been nearly years 60 Year old Zhao Linghuan is in 2021 In, there was also a substantial salary cut , Only enjoy directors' fees and medium and long-term incentive awards , Current year salary 218.7 Ten thousand yuan , Compared with the previous year, the decline reached 80%.

Lenovo holdings management pay cut is not affected by performance .2021 year , Lenovo Holdings' revenue 4898.72 One hundred million yuan , Year-on-year growth 17%, Net profit attributable to the parent 57.55 One hundred million yuan , An increase of 49%, They all hit record highs .

However, the recent stock price performance of Lenovo holdings is not ideal . since this year on , Lenovo Holdings has fallen by 20.66%, The latest share price is only 9.14 The Hong Kong dollar , Market value 215 Million Hong Kong dollars . Mid month , On suspicion of violating the regulations of Xinpi , Lenovo holdings was ordered by the Beijing Bureau of the CSRC to make comprehensive rectification .

Lenovo has always been a high paid representative of domestic enterprises , Lenovo Group, an important subsidiary of Lenovo holdings, has previously attracted widespread attention due to executive compensation .2011 Fiscal year to 2021 The fiscal year ( By then 3 month 31 Day end ), Chairman of Lenovo Group CEO Yang Yuanqing's total salary reached 2.08 Billion dollars , At the current exchange rate , renminbi 13.78 One hundred million yuan , among 2021 Salary for the fiscal year is 2616.6 Thousands of dollars , renminbi 1.73 One hundred million yuan . Liu Chuanzhi, founder of Lenovo, from 2014 After retirement in , Receive... From Lenovo Group every fiscal year 150 Pension... Million dollars , renminbi 992 Ten thousand yuan .

This year, 3 month , Yang Yuanqing said in the internal letter of Lenovo Group for the new fiscal year , Lenovo Group workers and other front-line grass-roots employees overcome all difficulties caused by COVID-19 and other factors. , He will personally 8000 Long term incentive bonus of 10000 yuan , As a special reward to these behind the scenes heroes . This is the third time that Yang Yuanqing has shared his personal bonus with front-line workers .

“ Association system ” Executive compensation includes basic salary 、 Discretionary bonuses and long-term incentives , Bonuses and incentives are linked to performance . The performance of Lenovo Group has grown steadily in recent years , It also makes the personal salary of leader Yang Yuanqing rise .

2021 year , Lenovo Group revenue 4553.31 One hundred million yuan , Year-on-year increase 18%, In the total revenue of Lenovo holdings, it accounts for 93%; Net profit for the same period 40.19 One hundred million yuan , Year-on-year increase 92%, Accounting for about% of the net profit attributable to the parent of Lenovo holdings 70%.

It is worth mentioning that , Lenovo Group 2021 In, he conducted a short-term scientific and Technological Innovation Board IPO Journey : Application for listing on 2021 year 9 month 30 Accepted by , On 2021 year 10 month 8 Day withdrawal .

This article is from WeChat official account. “ Tai Mo Finance ”(ID:damofinance), author : Tai Mo Finance ,36 Krypton authorized release .

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