Reuters, 10 Apr 2010
SINGAPORE, April 10 (Reuters) - The new chief executive of Singapore's DBS (DBSM.SI), who joined in November last year, received S$4.2 million ($3.02 million) in his first two months in the job as his pay package was boosted by bonus shares.
Piyush Gupta, who joined from Citigroup (C.N), received S$1.2 million worth of DBS shares as part of his joining terms, a DBS spokeswoman said on Saturday. Full Story