CTBC Financial tops board pay list; TSMC ranks No. 3

Taipei, Jan. 31 (CNA) CTBC Financial Holding Co. paid the highest compensation to its board members among companies listed on the Taiwan Stock Exchange (TWSE) in 2024, with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) ranking third, according to TWSE data.

The data released Friday showed that CTBC Financial paid an average of NT$95.73 million in board member compensation in 2024, ahead of multi-layer ceramic capacitor (MLCC) maker Yageo Corp., which paid NT$78.25 million, and TSMC, which paid NT$50.72 million.

Despite paying the highest board compensation, CTBC Financial posted earnings per share of NT$3.64 in 2024, far below Yageo’s NT$38.13 and TSMC’s NT$45.25, the data showed.

KGI Financial Holding Co. ranked fourth, paying its board members an average of NT$50.23 million in 2024, followed by Yuanta Financial Holding Co. at NT$44.33 million, the TWSE said.

Rounding out the top 10 were smartphone camera lens supplier Largan Precision Co., Fubon Financial Holding Co., Hotai Motor Co., TS Financial Holding Co. and Taichung Bank, with average board member compensation ranging between NT$30 million and NT$40 million.

On the over-the-counter market, engineering system integration services provider Acter Co. paid the highest average board compensation at NT$15.59 million in 2024, followed by gaming software developer International Games System Co. at NT$15.42 million and Yuanta Futures Co. at NT$4.91 million.