All Board Directors are elected at the AGM and the remuneration is recommended by the Nomination Committee and conditional upon approval at the AGM.
The Group does not operate any form of Directors’ retirement benefits or pension scheme, and thus no contributions are made in respect of any Director. All Directors have rolling service contracts without notice periods. The auditors are required to report on the information contained in the following two sections of this report on Directors’ Remuneration.
Total emoluments (audited)
All information concerning emoluments and interests of the Directors is presented on the basis of continuity from the date of their appointment to the Board of Directors of the Kindred Group. Total emoluments of the Board of Directors and Executive Committee who served during the year are set out below.
| Directors | Fees/salary GBP 000 | Other GBP 000 | 2017 Total GBP 000 | 2016 Total GBP 000 |
| Anders Ström, Chairman | 221.7 | 46.7 | 268.4 | 300.0 |
| Kristofer Arwin | 77.0 | – | 77.0 | 83.3 |
| Sophia Bendz | 67.0 | – | 67.0 | 66.3 |
| Peter Boggs | 67.0 | 3.0 | 70.0 | 68.3 |
| Nigel Cooper | 108.0 | 11.0 | 119.0 | 125.3 |
| Peter Friis | 55.0 | – | 55.0 | 53.3 |
| Therese Hillman2 | – | – | – | 67.3 |
| Stefan Lundborg | 71.0 | – | 71.0 | 88.9 |
| 666.7 | 60.7 | 727.4 | 852.7 | |
| Executive committee | ||||
| Henrik Tjärnström, CEO | 1,343.9 | – | 1,343.9 | 798.0 |
| Other Executive management | 2,328.6 | – | 2,328.6 | 1,324.4 |
| Total | 4,339.2 | 60.7 | 4,399.9 | 2,975.1 |
Directors’ interests (audited)
The Directors’ and Executive managements’ beneficial interests in the shares/SDRs of Kindred Group plc as at 31 December 2017 are set out below:
| Directors | Ordinary shares/SDRs at 31st Dec 2017 | Ordinary shares/SDRs at 31st Dec 2016 | Performance Share Rights at 31st Dec 2017 | Performance Share Rights at 31st Dec 2016 |
| Kristofer Arwin | 10,084 | 5,64 | – | – |
| Sophia Bendz | 7,616 | 7,616 | – | – |
| Peter Boggs | 112,24 | 112,24 | – | – |
| Nigel Cooper | 48 | 49,9 | – | – |
| Peter Friis | 2 | 2 | – | – |
| Stefan Lundborg | 432,6 | 403,6 | – | – |
| Anders Ström | 5,666,200 | 10,266,200 | – | – |
| Total Directors | 6,278,740 | 10,847,196 | – | – |
| Executive committee | Ordinary shares/SDRs at 31st Dec 2017 | Ordinary shares/SDRs at 31st Dec 2016 |
| Henrik Tjärnström | 1,343,578 | 1,325,867 |
| Albin de Beauregard | 2,025 | 603 |
| Britt Boeskov | 8,927 | 4,856 |
| Rhodri Darch | 8,927 | 4,856 |
| Daniel Eskola | 3 | 14,332 |
| Gavin Hayward | 4,459 | 2,426 |
| Ebba Ljungerud | 10,727 | 6,656 |
| Tommi Maijala | 18 | 18 |
| Marcus Smedman | 2,491 | 922 |
| Total Executive committee | 1,402,134 | 1,378,518 |
| Total | 7,682,774 | 12,225,714 |
| Executive committee | All Employee Long Term Incentive Plan LTIP Performance Rights at 31st Dec 2017 | Performance Share Rights at 31st Dec 2017 | All Employee Long Term Incentive Plan LTIP Performance Rights at 31st Dec 2016 | Performance Share Rights at 31st Dec 2016 |
| Henrik Tjärnström | 40,616 | 105,115 | 40,616 | 110,544 |
| Albin de Beauregard | 40,616 | 26,254 | 40,616 | 18,253 |
| Britt Boeskov | 40,616 | 35,038 | 40,616 | 31,741 |
| Rhodri Darch | 40,616 | 35,038 | 40,616 | 31,741 |
| Daniel Eskola | 40,616 | 25,371 | 40,616 | 25,371 |
| Gavin Hayward | 40,616 | 32,11 | 40,616 | 25,133 |
| Ebba Ljungerud | 40,616 | 35,038 | 40,616 | 31,741 |
| Tommi Maijala | 40,616 | 44,632 | 40,616 | 12,685 |
| Marcus Smedman | 40,616 | 32,11 | 40,616 | 25,133 |
| Total Executive committee | 365,544 | 370,706 | 365,544 | 312,342 |
| Total | 365,544 | 370,706 | 365,544 | 312,342 |