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CIMIC Group Limited Annual Report 2016 |
Remuneration Report
NON-EXECUTIVE DIRECTOR TOTAL REMUNERATION
Details of Non-executive Directors’ remuneration for the 2016 Financial Year and 2015 Financial Year are set out in the following table.
Non-executive Director Remuneration
SHORT-TERM BENEFITS
POST-EMPLOYMENT
BENEFITS
TOTAL
REMUNERATION
FOR SERVICES
AS A NON-
EXECUTIVE
DIRECTOR (A$)
Board and
Committee fees
(A$)
Other (A$)
Extra service
fees
1
(A$)
Superannuation
contributions (A$)
Current Non-executive Directors
R Chenu
2016 Financial Year
280,000
-
-
19,462
299,462
2015 Financial Year
280,000
-
1,925
19,046
300,971
T Gerber
2016 Financial Year
272,857
-
-
19,462
292,319
2015 Financial Year
255,000
-
-
19,046
274,046
P López Jiménez
2016 Financial Year
222,857
-
-
-
222,857
2015 Financial Year
205,000
-
-
-
205,000
J del Valle Pérez
2016 Financial Year
225,000
-
-
-
225,000
2015 Financial Year
225,000
-
-
-
225,000
D Robinson
2
2016 Financial Year
216,389
95,890
3
-
28,572
4
340,851
2015 Financial Year
215,000
57,042
5
1,925
24,465
5
298,432
5
P Sassenfeld
6
2016 Financial Year
215,000
-
-
-
215,000
2015 Financial Year
215,000
-
-
1,565
216,565
Former Non-executive Director
K Ferguson
7
2016 Financial Year
236,458
-
-
16,683
253,141
2015 Financial Year
275,000
-
1,925
19,046
295,971
1.
These amounts represent additional service fees payable to Non-executive Directors for service on a Special Committee.
2.
Mr Robinson will receive a maximum benefit on retirement limited to his entitlement under the Non-executive Director Retirement Plan as if he had
retired on 1 July 2008. This entitlement totals $363,495.
3.
Mr Robinson received Director fees from a related party, Devine, in respect of his services as Non-executive Director.
4.
This amount is inclusive of $9,110 from Devine in respect of his services as Non-Executive Director.
5.
These amounts have been restated to include Director fees comprising $57,042 in fees and $5,419 in superannuation contributions received from a
related party, Devine, as a result of his appointment on 27 May 2015.
6.
Mr Sassenfeld received no Director fees directly from CIMIC in respect of his services as Non-executive Director. The amounts in the table represent
the payment by CIMIC to HOCHTIEF AG in respect of Mr Sassenfeld’s services.
7.
Dr Ferguson resigned as a Non-executive Director effective 10 November 2016.
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