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Shenzhen bank boss gets US$3.24m in compensation for ’07
By STAFF EDITOR
Published: March 21, 2008 12:00 PM
Frank Newman, the chairman and CEO of Shenzhen Development Bank, has topped the annual compensation charts of the seven commercial banks that have released their 2007 annual reports, the Shanghai Securities News reported. Newman received US$3.24 million (RMB22.85 million) last year, the same as the other 13 senior managers at the bank combined. Of the seven banks, only the Bank of Communications declined to disclose ...
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