Ping an of China 68,200,004 times times executive pay China life

Financial industry more gold collar, executive pay of the highest Corporation and ultimately, ping (601,318, unit), and Executive Director Dr Louis Cheung Ping to ranks financial industry topped the annual salary of $ 10.67 million, become the most expensive financial executives in 2010. According to the 2010 annual report data displays, ping an, China Turbo (601,601, unit), China life insurance executives total pay $ 68.2 million, $ 31.64 million, $ 16.5 million, respectively. Recommended reading insurance weekly: variable annuity pilot started five first elected to the insurance enterprises in violation of Beijing-Shanghai promotions fined 500,000 insurance circles "Wang yawei" surfaced exaggerating the gains did not mention the risk of banking and insurance disputes should continuously give families "pillar" feet on joint insurance regardless of non-indemnity insurance is zehui Shi Qiming Immortals watch lectures on disk to create the superior ping an of China China 4 times times the total executive compensation. Dr Louis Cheung annual 2010 report shows the highest, ping an of China Executive Director Dr Louis Cheung, Chairman of annual salary of more than peterma, the former for $ 10.67 million, which is $ 9.87 million. Dr Louis Cheung in 2000 came to ping an of China, take on General Manager duties, since 2006, served as Executive Director of the company. Previously, had served as the consulting firm McKinsey management consultant and later became the company's global partner, graduated from the University of Cambridge, with a doctoral degree. Compared with 2009, little change in the annual salary, from 11.7 million down to $ 10.67 million. Although the highest annual salary in 2010, however, has resigned as General Manager duties, remain on the Board in the future. This 2009 ping Dominic Leung quite similar with the highest pay. 2009 ping an of China is of the highest paid executive Dominic Leung, Deputy General Manager, annual salary is $ 28.59 million, as higher than peterma, Chairman, horse of the year's annual salary to $ 4.87 million. But soon later, Dominic Leung is no longer served as the Deputy General Manager duties, leaving ping an of China. Huichuan of the chairmanship of Dr Louis Cheung is the local executives. Six months ago, rencong property insurance, Chairman of the group rose to Deputy General Manager, succeeding Dominic Leung. After the lapse of six months, taking over 2010 most expensive Executive Dr Louis Cheung, rising to General Manager of the group. Double salary peterma peterma, Chairman of China's ping an insurance is also a legend. In 2008, he had 60 million annual salary, received widespread attention. Then to "worthy of the annual salary" remarks attracted media people in an uproar. When under the influence of financial crisis and the failure of Fortis Investments, ping performance was dragged down, in the end, peterma zero wages in the same year the commitments made. Two years later, peterma annual salary from $ 4.87 million in 2009, in 2010 to $ 9.87 million annual salary, wage rises of 1 time. Nevertheless, the two years since he was very low-key, did not become the most expensive executives. However, judging from the 2010 annual salary, he is not far from the most expensive, only less than Dr Louis Cheung $ 1 million, financial executives ranked second in the rankings. In addition to salary, collection of peterma also through investments and Shenzhen Jiangnan industrial development limited, indirect shares held of ping an of China. Among them, through investment pooling shares 4.7 million copies holding the second largest is the Deputy Chairman of Sun Jianyi, holders of 4.1 million, this year's most expensive Executive Dr Louis Cheung, holds 500,000 copies. Jiangnan industrial development limited shareholding is through 5.86%, built a Sun 3.83%, Dr Louis Cheung as 2.93%. During the reporting period, no change. In addition, independent Director of China ping an allowance amounted to $ 1.4 million, an average of $ 230,000. Number of unpaid for 8 people. Total pay 4 times times the safe life while China ping an has been rich in the most expensive executives focused attention, total rewards 2009 compared with the total has declined. 2010 annual report shows that ping an of China executive pay $ 68.2 million, compared with the previous year, down 24%, 2009, amounted to $ 90.59 million. Compared with ping an, China life insurance and China both total Turbo executive pay rise. The report shows China Turbo 2010 executive pay total of $ 32.91 million, $ per cent in 2009, rose 15%. China life insurance rising from $ 11.37 million in 2009 to $ 16.55 million, rise up to 45%. Nevertheless, China life insurance executive pay the total amount of remains of three of the lowest among large insurance companies. China life Chief Actuary with the highest pay Shao Huizhong, her annual salary to $ 3.38 million before taxes, Chairman Yang Chao, annual salary is $ 1.16 million. Most expensive is Dr 9 times the annual salary times the Executive Dr Louis Cheung. Worthy of note is that from the perspective of China life insurance annual report, executive pay is lower than ping an of China, however, notice in the annual report can also be seen in another section, it is the Board member is also the other shareholders when the company executives, allowing the shareholders paid wages, select in the case of units paid to shareholders, in China life will not receive remuneration, allowances, and so on. 3 of China Life Vice President Miao Jianmin, Shi Guoqing, Zhuang Zuojin, do not receive salary compensation in China life, and in the stockholders ' unit to receive. To a certain extent, also reduces the total compensation of China life. Turbo is the highest paid CFO in China Wu Dachuan, annual salary to $ 5.96 million. Chairman and Executive Director Gao Guofu 1.63 million Yuan. The investor data Research Department learned from the annual report, 7 executives headed by Board Chairman Gao Guofu, 2010 to increase its stake in the company's stock. Displayed in the report are purchased from secondary market, after the increase, Gao Guofu holds the number of shares to 25,700, 's closing price on May 4, the amount in about $ 500,000. China life insurance and executive pay increase of China's Turbo, ping total remuneration of the executives in the fall. Judging from the three insurance companies net margin will rise. Three insurance companies had the highest net margin increases to ping an of China, is 9.23%. Net interest rate is the second largest life this year net profit margin of 8.65%; more obvious is the Turbo in China increase, net profit margin to 6.04%, representing an increase of 30% over the same period last year. With Executive compensation, China life insurance maintained higher net margin growth, executive pay rise first. Ping total executive compensation has fallen to its base is still higher than the other two insurance companies.