Skip to main content

Note 28 - Directors and Senior Management

Remuneration of Directors of the Company

 

 

 

$ million

 

2021

2020

2019

Emoluments

12

6

8

Value of released awards under long-term incentive plans

5

6

12

Employer contributions to pension plans

1

1

1

Emoluments comprise salaries and fees, annual bonuses (for the period for which performance is assessed) and other benefits. The value of released awards under long-term incentive plans for the period is in respect of the performance period ending in that year. In 2021 retirement benefits were accrued in respect of qualifying services under defined benefit plans by two Directors.

Further information on the remuneration of the Directors can be found in the Directors’ Remuneration Report.

Directors and Senior Management expense

 

 

 

$ million

 

2021

2020

2019

Short-term benefits

27

14

18

Retirement benefits

3

3

3

Share-based compensation

16

17

15

Termination and related amounts

2

2

2

Total

48

36

38

Directors and Senior Management comprise members of the Executive Committee and the Non-executive Directors of the Company.

Short-term benefits comprise salaries and fees, annual bonuses delivered in cash and shares (for the period for which performance is assessed), other benefits and employer social security contributions.