ComfortDelGro's management to take pay cuts

Directors of the group’s listed companies to have 20% cut on fees.

ComfortDelGro Group's board and senior management will take a voluntary cut in directors' fees and pay respectively amidst the COVID-19 outbreak.

Directors of the group’s listed companies—ComfortDelGro, SBS Transit and Vicom’s—will have their directors' fees cut by 20% until the end of the year.

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Managing director and group chief executive Yang Ban Seng will take a 15% cut, whilst those ranked vice-president and above will have their salary slash by 10%.

The cuts will be effective from April 2020 and will be reviewed at the end of June.

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