본문 바로가기

samsungcnt

Full Menu

  1. CORPORATE GOVERNANCE
  2. BOD Committees
  3. Compensation Committee

Compensation Committee homeCORPORATE GOVERNANCE

Overview Articles of Incorporation Code of Ethics External Auditor

The Compensation Committee was established under the BoD to ensure objectivity and transparency in director remuneration. The Committee is responsible for assessing the appropriateness of director remuneration such as reviewing ceilings on director remuneration and compensation scheme and its execution, submitted for resolution at a general meeting of shareholders.

Composition

In accordance with relevant laws and regulations, the Compensation Committee shall comprise more than three directors, of which the chair will be appointed among committee members by committee resolution, while the appointment or dismissal of any committee member shall require a board resolution.

  • Currently the committee consists of three independent directors, and the chair of the committee is independent director Byung Suk Chung.
Compensation Committee members
Compensation Committee members
Byung Suk Chung(Chair) Hyun Soo Lee Janice Lee

Operation

The committee shall hold regular meetings as often as needed.

  • The convening of meetings, method of resolution, and opinion seeking and all other operation details will be determined by the Compensation Committee guidelines.

Responsibilities

The Compensation Committee may form resolutions for the following items.

  • Matters related to the compensation limit and its execution for registered directors
  • Matters related to the compensation system for registered directors
  • Other matters related to compensation for directors delegated by the Board of Directors

Committee Activities

Committee Activities
Event date Agendas Approved Attendance
2019. 12. 18 1. Report on the company's performance evaluation and incentive payment for the 2nd half of 2019 - 3/3
2019. 10. 22 1. Discussions for improving the process of deciding director remunerations - 3/3
2019. 07. 03 1. Report on 1H 2019 Company Performance Evaluation and Disbursement of Target Incentives - 3/3
2019. 02. 26 1. Approval of the Ceiling on Director Compensation for 2019 Approved 3/3
2019. 01. 23 1. Report on the company's performance incentive payment for 2018 - 3/3
Committee Activities
Event date Agendas Approved Attendance
2018. 12. 19 1. Report on the company's performance evaluation and incentive payment for the 2nd half of 2018 - 3/3
2018. 07. 04 1. Report on the company's performance evaluation and incentive payment for the 1st half of 2018 - 3/3
2018. 02. 28 1. Measure to make prior deliberation on compensation limit for board members in 2018 Approved 2/2
2018. 01. 24 1. Report on the company's incentive payment for 2017 - 2/2
Committee Activities
Event date Agendas Approved Attendance
2017. 12. 19 1. Report on the company's performance evaluation and incentive payment for the second half of 2017 - 2/2
2017. 07. 03 1. Report on the company's performance evaluation and incentive payment for the first half of 2017, and payment of the 4th long-term incentives - 2/2
2017. 03. 03 1. Measure to make prior deliberation on compensation limit for board members in 2017 Approved 2/2
Committee Activities
Event date Agendas Approved Attendance
2016. 02. 17 1. Measure to make prior deliberation on compensation limit for board members in 2016 Approved 2/2
Committee Activities
Event date Agendas Approved Attendance
2015. 10. 02 1. Measure to elect the compensation committee chair Approved 2/2

Related Information

BACK TO TOP