Walter Kwok still comes up trumps after family feud
Most companies would be expected to pay more for their chairman, but in the case of Sun Hung Kai Properties, it was the man the directors didn't want as chairman who earned the most money.
Sun Hung Kai Properties last year paid non-executive director Walter Kwok Ping-kwong HK$2.84 million, a rise of nearly 38 per cent, after he was ousted as chairman and chief executive by his two younger brothers and replaced by his mother Kwong Siu-hing.
It was the highest salary and the biggest pay rise increase he has received in 18 years with the blue-chip company.
In the past, the eldest Kwok brother, who was unseated in May, used to receive just a few thousand dollars more than his brothers.
This time round, despite Thomas Kwok Ping-kwong and Raymond Kwok Ping-kwong both receiving 6 per cent pay rises, it was considerably more, as Thomas earned HK$2.1 million and Raymond HK$2.27 million.