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.
Board of Directors compensation 2019/2018
|
Directors |
Board fees GBP 000 |
Audit Committee fees GBP 000 |
Remuneration Committee fees GBP 000 |
US Committee fees GBP 000 |
Other1 GBP 000 |
2019 total fees GBP 000 |
2018 total fees GBP 000 |
|
Anders Ström, Chairman |
260.0 |
– |
– |
– |
– |
260.0 |
256.3 |
|
Kristofer Arwin2 |
21.1 |
11.2 |
– |
– |
– |
32.3 |
83.3 |
|
Hélène Barnekow4 |
57.0 |
22.0 |
– |
– |
– |
79.0 |
49.5 |
|
Sophia Bendz2 |
– |
– |
– |
– |
– |
– |
25.0 |
|
Peter Boggs |
57.0 |
– |
12.0 |
12.6 |
2.0 |
83.6 |
72.3 |
|
Nigel Cooper2 |
– |
– |
– |
– |
– |
– |
40.4 |
|
Gunnel Duveblad |
57.0 |
27.0 |
– |
7.6 |
– |
91.6 |
49.5 |
|
Erik Forsberg3 |
35.9 |
13.8 |
– |
– |
– |
49.7 |
– |
|
Carl-Magnus Månsson3 |
35.9 |
– |
7.5 |
– |
– |
43.4 |
– |
|
Peter Friis2 |
21.1 |
– |
– |
– |
– |
21.1 |
56.3 |
|
Stefan Lundborg |
57.0 |
– |
20.0 |
– |
– |
77.0 |
85.0 |
|
Total |
602.0 |
74.0 |
39.5 |
20.2 |
2.0 |
737.7 |
717.6 |
1 Other emoluments comprise additional amounts payable for consultancy.
2 Peter Friis and Kristofer Arwin resigned from the Board of Directors at the AGM on 14 May 2019. Sophia Bendz and Nigel Cooper resigned from the Board of Directors on 15 May 2018.
3 Erik Forsberg and Carl-Magnus Månsson were appointed to the Board of Directors at the AGM on 14 May 2019.
4 Hélène Barnekow left the Audit Committee on 30 October 2019 due to other commitments.
Directors’ and Executive Management’s interests (audited)
The Directors’ and Executive Management’s beneficial interests in the shares/SDRs of Kindred Group plc as at 31 December 2019 are set out below:
|
Directors |
Ordinary shares/ SDRs at 31 December 2019 |
Ordinary shares/ SDRs at 31 December 2018 |
|
Anders Ström, Chairman |
5,831,200 |
5,831,200 |
|
Hélène Barnekow |
4,500 |
4,500 |
|
Peter Boggs |
138,990 |
120,740 |
|
Gunnel Duveblad |
8,000 |
4,000 |
|
Erik Forsberg |
5,000 |
– |
|
Stefan Lundborg |
537,600 |
517,600 |
|
Carl-Magnus Månsson |
10,000 |
– |
|
Total |
6,535,290 |
6,478,040 |
