The annual remuneration of the CEO of Temasek Holdings, Ho Ching, has never been revealed to the public. Singaporeans have always speculated her remuneration and guessed that it would be no small sum.
Netizen Philip Ang once wrote on his blog "Although Temasek Holdings manages our state reserves and should be transparent, the PAP government has legislated senior management executives’ remuneration state secret”.
On a post dated 10 July 2019, Lee Hsien Yang, brother in law of Ho Ching, questioned the secrecy of Ho Ching's salary. Other members of the opposition such as Lim Tean also started questioning the secrecy.
From speculations, Ho Ching would not be paid lesser than CEOs under her charge. The highest paid GLC CEO was Piyush Gupta of DBS Group who took home $10.3 million last year.
According to Philip Ang's blog, Charles Goodyear was hired to be CEO of Temasek Holdings in 2009 when he was already earning a salary of $54 million at BHP Billton. Ang then said, “Logically, Charles must have been offered more than his $54 million salary to quit BHP Billiton”.
From these information we have, we can only make a small guess on how much money Ho Ching is currently earning. One thing is for sure, according to Goh Chok Tong, she would definitely not be mediocre and we will probably not be able to know her salary anytime soon.
