Reuters, 23 Jul 2009, Kevin Lim
SINGAPORE, July 23 (Reuters) - Singapore Exchange (SGXL.SI), Asia's second largest listed bourse, will pay incoming CEO Magnus Bocker a guaranteed base salary of S$750,000 ($520,800) a year and a minimum variable bonus of S$933,000 for his first seven months, the firm said on Thursday.
Bocker, who is currently president of Nasdaq OMX (NDAQ.O), will also get S$4.77 million over three years as compensation for loss of long-term incentives and bonuses at his present job.
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