Recently, DBS’ annual report revealed that its CEO, Piyush Gupta, earned a whopping $15.4 million in 2022, a 13.2 percent increase following the bank’s “breakout year”. Source: Tenor While most of us know that CEOs earn a hefty paycheck, how exactly did Piyush Gupta earn so much in just one year? And how does his pay compare to other CEOs? Let’s break it down!
TL;DR: DBS CEO Piyush Gupta Salary Breakdown
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DBS CEO Piyush Gupta Salary Breakdown
| Salary Component | Amount |
|---|---|
| Salary Remuneration (Base Salary) | S$1,500,000 |
| Cash Bonus | S$5,765,000 |
| Deferred Remuneration* | S$1,382,030 (17.2% in cash) S$6,652,980 (82.8% in shares) Total: S$8,035,000 |
| Non-cash component benefits (Club, car, driver) | S$80,529 |
| Total Salary for 2022 | S$15,380,529 |
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