TCL Multimedia million dollar annual salary of emp

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TCL Multimedia million CEO salary employment Leong Yue Wing

Li Dongsheng, TCL Multimedia searched for a long time CEO candidates finally come to an end. Yesterday, TCL Group's announcement that: from October 1, the appointment of its chief executive officer Leong Yue Wing (CEO) and executive director of Li Dongsheng, chairman of TCL Multimedia will no longer serve as general manager, but remained chairman of TCL Multimedia. Learned that Leong Yue Wing and TCL Multimedia signed a two-year service contract, the annual salary of 100 million U.S. dollars, and the right to receive discretionary bonus.
According to reports,[link widoczny dla zalogowanych], the 55-year-old Leong Yue Wing since 1978, working continuously for 28 years at Philips, a former retired in April this year, Philips Consumer Electronics (Products Division), executive vice president, is the Philips Pu within the group one of the most senior Chinese executives.
TCL Multimedia's CEO candidates for the last two years has repeatedly said Li Dongsheng, the internal choice of international talents too, with returnees background or experience in multinational companies operating the most suitable candidate. Obviously, this came from the Leong Yue Wing Philips Consumer Electronics is a good candidate. TCL regard with respect, Leong Yue Wing has extensive experience in business management, has been fully involved in audio-visual and electronic products manufacturing and retail sales process, in addition to China, Asia Pacific and global management experience and international vision.
Immediately directly from the Philips executive as CEO, Mr. Li should have international experience in operation for , the original team of professional managers to replace earlier this year completed the basic, TCL Communications CEO, TCL president of European operations center, TTE, Vice President, TTE President of Global Operations Center fully replaced
as 6.30% of total share capital held by TCL Group, the second largest shareholder, Philips, TCL Group's contact with quite closely, since 2004 Philips executives in the TCL Group's board of directors has been take place. It is reported that TCL Multimedia as the post of CEO, TCL Multimedia Leong Yue Wing will be responsible for the overall management, including strategic planning, business development and operations; Under the agreement, after the expiration of two years of service in the basis by mutual agreement can be renewed year. And stay on the post of Chairman of the Board will be responsible for Li Dongsheng, TCL Multimedia's overall business planning and strategic development plans.