- Home
- ESG
- Sustainable Operation
- Corporate Governance
- Operation of the Remuneration Committee
Operation of the Remuneration Committee
Compensation Committee Responsibilities
The Company's Compensation Committee follows the Compensation Committee Charter. It is composed of three members appointed by the Board of Directors, with a majority being independent directors.
The committee shall meet at least twice a year. Its main responsibilities include: regularly reviewing the performance evaluation and compensation policies, systems, standards, and structures for the Company's directors and executives, and proposing amendments to the Compensation Committee Charter.
Compensation Committee Members
Fourth Term Board Members (Term: 25 May 2023 – 24 May 2026)
| Title | Name | Gender Age | Nationality / Registration | Education / Major Experience | Current Positions in the Company and Other Companies |
|---|---|---|---|---|---|
Independent Director Convener | Hsu Zhi-Cheng | Male 55–60 | Republic of China (Taiwan) | Bachelor in Computer Science, National Taiwan University M.S. in Computer Science, Stony Brook University, NY Ph.D. in Computer Science, UCLA | Associate Professor, Department of Information Management, National Central University Advisor, ERP Center, National Central University |
Independent Director | Huang Yu-Xun | Male 35–40 | Republic of China (Taiwan) | Master in Accounting, National Taipei University CPA, Cheng-Yi & Co. Audit Manager, PwC Taiwan Audit Section Leader, Deloitte Taiwan | CPA, Cheng-Yi & Co. |
Independent Director | Lai Chia-Hui | Male 55–60 | Republic of China (Taiwan) | Vice Chairman, Taiwan Green Energy Association Adjunct Assistant Professor, National Changhua University of Education Adjunct Assistant Professor, Chienkuo Technology University Supervisor, Gaoqiao Automation Technology Co., Ltd. | Chairman, Jin Sen Bao Industrial Co., Ltd. |
Significant Resolutions of the Compensation Committee
| Date | Meeting | Significant Resolutions |
|---|---|---|
12 Mar 2024 | 1st Compensation Committee Meeting, 2024 | 1. Approved the proposal for employee and director compensation for 2023. 2. Approved the allocation of employee and director compensation for 2023. 3. Reviewed and approved the independent directors’ remuneration policy, system, standards, and structure. 4. Reviewed and approved CEO performance evaluation and compensation policies, systems, standards, and structure. 5. Reviewed and approved general manager and other executives’ performance evaluation and compensation policies, systems, standards, and structure. |
27 Jun 2024 | 2nd Compensation Committee Meeting, 2024 | 1. Approved salary adjustments for all personnel at Taiwan Puhui facility. |
9 Dec 2024 | 3rd Compensation Committee Meeting, 2024 | 1. Approved amendments to the "Approval Authority Management Guidelines" and the "Bonus and Dividend Distribution Management Guidelines". |