Edition:
India

People: Nexteer Automotive Group Ltd (1316.HK)

1316.HK on Hong Kong Stock

4.88HKD
7 Aug 2020
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Zhao, Guibin 

Mr. Guibin Zhao serves as Chief Executive Officer, Executive Vice Chairman of the Board of the Company. He was appointed as our Executive Director on June 15, 2013 and has successively acted as Chairman of the Board from June 15, 2013 and as Vice Chairman from June 3, 2019. Mr. ZHAO is also our Chief Executive Officer since June 2012. Mr. ZHAO has over 20 years of relevant experience in the automotive industry. As the Vice Chairman of the Board, Mr. ZHAO is primarily responsible for assisting Chairman to arrange and convene shareholder and Board meetings, supervising the implementation of the relevant resolutions and acting on behalf of the Chairman upon delegation by the Chairman or when the Chairman is incapable to act. As the Chief Executive Officer, he is primarily responsible for leading Nexteer’s Global Strategy Council (GSC), setting our strategic vision, direction and goals and overseeing the overall execution of our Group’s strategy. He sets the strategic direction of the Company, acts as “bridge” between senior management and the Board, is responsible for the Company’s new product lines and advanced engineering (business development), joint ventures and M&A activities, maintains relationships with major external stakeholders, chooses and manages the senior management team, determines overall incentive compensation targets and communicates internally. Mr. ZHAO is also the chief executive officer and the chairman of the board of directors of Nexteer Automotive Corporation, one of our indirectly wholly-owned subsidiaries. He held the position as deputy chief economist of Aviation Industry Corporation of China, Ltd. (AVIC), our controlling shareholder (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange)), from February 2010 to June 2016.

Basic Compensation

Total Annual Compensation, USD 1,650,000
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD 30,000
Fiscal Year Total, USD 1,680,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --