What is the Secretary of the Board? The secretary of the board of directors of
is not the secretary to the chairman of the board of directors as we think. It is a senior manager of a listed company. It is self-evident how important it is.
According to the salary ranking data of directors and secretaries of listed companies in 2018, the average annual salary of these secretaries is as high as 660,000, and Maotai Chairman Li Baofang is only 500,000 per year. Of course, 660,000 is just an average. The average annual salary of the top 20 secretaries is as high as 3 million, and the annual salary of the top 20 is 8.49 million. In 2017, Dong Mingzhu's annual income was only 7 million yuan. With this calculation, the monthly salary of the Secretary-General is even more than that of Li Baofang in a year.
males dominate
In terms of the degree of secretaries of the board of directors, in addition to the undisclosed academic qualifications of 30 secretaries of the board of directors, more than 90% of the secretaries of listed companies have a bachelor degree or above. Among them, 1605 had a bachelor degree, accounting for 46.55%; 1553 had a master's degree and a postgraduate degree, accounting for 45.04%; another 94 had a doctorate degree. The company currently has 188 secretaries with a college degree or above, 6 with a junior high school degree, and 2 with a high school degree. They are from Lixing and Xinao, all of whom are over 55 years old. As far as the ratio of men to women is concerned, men have an absolute advantage. Among the 3476 board secretaries, 2,540 are male board secretaries, accounting for 73.07%.
Vanke Zhu Xu took the lead.
According to our understanding, the secretary with the highest income in China comes from Vanke, a secretary named Zhu Xu. In fact, as early as 2017, Zhu Xu won the title of China's most expensive female secretary. In 2017, Zhu Xu topped the top secretaries salary list with an annual salary of 8.21 million yuan, but in fact, this is only part of her salary. According to Vanke's executive compensation system, in addition to a fixed annual salary, the secretary also has an economic profit bonus equivalent to the year-end bonus. In other words, 8.49 million is just Zhu Xu's fixed salary, excluding her year-end bonus, which is fluctuated based on the annual profit.
How much can Zhu Xu get? According to Vanke's 2018 financial report, Zhu Xu's economic profit was 5.71 million, which is still net profit after tax. If it is offset according to the company's annual bonus personal income tax rate, it should reach 10 million before tax. In this way, with an annual bonus of 10 million plus a fixed salary of 8.49 million, Zhu Xu's annual pre-tax salary is 18.49 million. For the chairman or chief executive officer of many a-share listed companies, this high salary may not exceed 10 times, let alone their secretaries.
However, this is not all Zhu Xu's income. Vanke also has a lot of executive income every year, including follow-up investment in real estate projects and shareholding in partner asset management plans. According to media reports, Vanke Real Estate’s immediate rate of return is 20%, and according to Vanke executives, the highest rate of return on asset management plan ownership is 600%.
is also the Secretary of the Board of Directors, why is Zhu Xu's worth so extraordinary?
In today's market, gold always shines. Zhu Xu, born in 1975, is brilliant and handsome. After graduating from Hunan University of Finance and Economics, Zhu Xu taught himself a master's degree in management from Zhongnan University of Economics and Law and a master's degree in public policy from the University of London. Zhu Xu has an in-depth understanding of all majors that focus on entrepreneurial financial management, so he will develop his skills in his future career. During his tenure as secretary, Zhu Xu experienced numerous battles. When Zhu Xu worked in the Shenzhen Taxation Bureau in his early years, he was already the Director of the Taxation Bureau and the Secretary of the Director's Office. Later, Zhu Xu was transferred to Guangdong Wanze Industrial Co., Ltd. as an assistant to the chairman and began to deal with the company. Zhu Xu is qualified as a registered tax agent, has served many enterprises and has accumulated rich practical experience.
z0In 2011, Zhu Xu was hired as the secretary of the board of National Science and Technology Co., Ltd.; in 2014, Zhu Xu became the secretary of the board of Guangtian Co., Ltd.; in 2016, Zhu Xu became the secretary of the board of Vanke, and her annual salary also completed a three-level jump. According to media reports, before Zhu Xu became the Secretary of the Board of Vanke, his annual salary was several hundred thousand yuan. After 2016, it reached 7.31 million yuan. After-tax economic profit was 4.09 million yuan, making her the second highest salary among A-share listed companies. Secretary of the Board of Directors. In 2017, when Zhu Xu entered Vanke's second year, she was selected as the secretary of the third gold award of Sina Finance, standing at the forefront of the industry.is under great pressure and the shortest tenure is only 29 days.
Maybe you will see the high salary of the secretary of the board of directors, but this is also a high-risk job. As the link between listed companies and securities transactions, it is not easy to undertake external information disclosure, investor relationship management and internal protection of listed companies' regulated operations, and to communicate from the middle. Well done, the scenery is boundless, bad done, both sides are angry. In addition, no matter what violations occur in listed companies, the board secretary will be implicated or even fired. Relevant statistics show that in 2018, a total of 760 board secretaries left the a-share market. If the chairman of the board can strictly abide by the "Securities Law" and the "Administrative Measures for Information Disclosure of Listed Companies", the secretary of the board will be much easier, otherwise it is self-evident.
For example, Fan Ningping, the veteran of the Three Dynasties of Maotai, has worked in Maotai for 20 years. After Ji Keliang, Yuan Renguo, and Li Baofang as chairman, he is only 45 years old and has retired. Li Baofang, Chairman of Maotai, once said that he will not be bound by the Office of the Secretary of the Board of Listed Companies, and the Office of the Secretary of the Board of Directors should adapt to him. From this sentence, I think you can feel that in fact, most of the time, the Secretary of the Board is very helpless. On March 12, 2018, Gaosheng Holdings (now *ST Gaosheng) issued a notice, appointing Du Linlin as the secretary of the board of directors. However, Du Linlin resigned as secretary to the board of directors on April 16, and Zhang Yiwen, director and chief financial officer of the company, served as secretary of the board of directors. She took office only 35 days. In addition, at the Gree shareholders meeting in early 2019, Dong Mingzhu also leaked the company's annual operating status in advance, causing Gree's secretary to be caught off guard.
However, Du Linlin is not the shortest one. On January 5, 2018, HNA Technology issued a notice, appointing Hu Wei as the company's secretary of the board, and Liu Liang no longer served as the company's secretary of the board. Liu Liang only took office on December 7 of the previous year, that is, Liu Liang served as Secretary of the Board for only 29 days. After reading so much, I don’t think you think the job of Secretary Dong is easy, right?
