I totally agree if the salary of the CEOs of GLC such as TNB be increased for their responsibility, accountability and to a certain extend – liability that he shoulders.
For a company like Tenaga Nasional Berhad, the CEO is running a PLC with market capitalization of billions of Ringgit.
If you look at another PLCs with the same range of market capitalization, I am sure these non-GLC CEO’s get more in terms of salary, bonus and other perks which is nothing compared the what TNB CEO is getting.
A friend said to me over a glass of teh tarik and apom underneath a big tree in Bangsar yesterday that the CEO of TNB deserves it. This could be one of the ways to avoid brain drain. Wihtout which the GLC will end up being managed not by the cream de la cream of Malaysia corporate because non GLC PLCs give far more lucrative / competitive packages.
I totally agree.
BUT
A
The timing sucks. People are talking about cost cutting due to price of fuel.
B
Why only the CEO and the CFO? Why not across the board? After all, it takes more than just a CEO and a CFO to run an organization like TNB.
For a company like Tenaga Nasional Berhad, the CEO is running a PLC with market capitalization of billions of Ringgit.
If you look at another PLCs with the same range of market capitalization, I am sure these non-GLC CEO’s get more in terms of salary, bonus and other perks which is nothing compared the what TNB CEO is getting.
A friend said to me over a glass of teh tarik and apom underneath a big tree in Bangsar yesterday that the CEO of TNB deserves it. This could be one of the ways to avoid brain drain. Wihtout which the GLC will end up being managed not by the cream de la cream of Malaysia corporate because non GLC PLCs give far more lucrative / competitive packages.
I totally agree.
BUT
A
The timing sucks. People are talking about cost cutting due to price of fuel.
B
Why only the CEO and the CFO? Why not across the board? After all, it takes more than just a CEO and a CFO to run an organization like TNB.
No comments:
Post a Comment