The National Council for Peace and Order (NCPO) is taking aim at the boards of directors at 56 state enterprises and state-owned public organisations, ordering a review on their compensation and other privileges in line with performances.
CMPO chief Gen Prayuth Chan-ocha told the State Enterprise Policy Office on Monday to collect data and propose appropriate compensation packages.
As for bonuses, currently the Finance Ministry uses the key performance indicators (KPI) conducted by Tris Rating.
A full 5 means an enterprise's directors will get a maximum bonus of 7 months while a loss-making agency gets none.
As for listed enterprises, the bonuses will be determined and approved by shareholders.
In a related development, the board chairman of the 58% state-owned Krungthai Bank resigned on Monday.
Voravidh Champeeratana told the Stock Exchange of Thailand he resigned as chairman of the board and director, effective on Monday.
He was the second board chairman who quit to pave the way for the junta's revamp after Parnpree Bahiddha-Nukara of PTT Plc.