DBS to cut CEO Piyush Gupta’s pay by 30% amid digital disruption in 2023: report
Leading Singapore conglomerate DBS Bank (DBS) said on Wednesday it had cut CEO Piyush Gupta’s variable pay by 30% as the bank’s customers experienced digital disruption last year. The amount was S$4.14 million (US$3.08 million), DBS announced in its quarterly earnings statement. According to Channel NewsAsia, variable pay for the CEO and other members of … Read more