BP 2015 Annual Report Download - page 96

2015 remuneration (audited)
£ thousand Fees BenefitsaTotal
2015 2014 2015 2014 2015 2014
Paul Anderson 177 175 28 48 205 223
Alan Boeckmann 178 70 14 17 192 87
Admiral Frank Bowman 177 165 12 17 189 182
Antony Burgmans 149 150 19 9168 159
Cynthia Carroll 127 125 68 66 195191
George Davidb60 185 15 18 75 203
Ian Davis 145 150 3 5 148 155
Professor Dame Ann
Dowlingc141 140 111 142 151
Brendan Nelson 125 125 11 16 136 141
Phuthuma Nhleko 167 150 11 9178 159
Paula Rosput Reynoldsd93 –56 –149 –
Sir John Sawersd85 – 0 – 85 –
Andrew Shilston 165 150 3 8 168158
a Benefits include travel and other expenses relating to the attendance at board and other
meetings. Amounts disclosed have been grossed up using a tax rate of 45%, where relevant, as
an estimation of tax due.
b Retired on 16 April 2015.
c In addition, Professor Dame Ann Dowling received £25,000 for chairing and being a member of
the BP technology advisory council.
d Appointed on 14 May 2015.
Fee structure
The table below shows the fee structure for non-executive directors from
1 May 2014:
Fee level
£ thousand
Senior independent directora 120
Board member 90
Audit, geopolitical, Gulf of Mexico, remuneration and
SEEA committees chairmanship feesb
30
Committee membership feec20
Intercontinental travel allowance 5
a
The senior independent director is eligible for committee chairmanship fees and intercontinental
travel allowance plus any committee membership fees.
b Committee chairmen do not receive an additional membership fee for the committee they chair.
c For members of the audit, geopolitical, Gulf of Mexico, SEEA and remuneration committees.
Non-executive director interests
The figures below indicate and include all the beneficial and non-beneficial interests of each non-executive director of the company in shares of BP
(or calculated equivalents) that have been disclosed to the company under the DTRs as at the applicable dates.
Ordinary shares
or equivalents at
1 Jan 2015
Ordinary shares
or equivalents at
31 Dec 2015
Change from
31 Dec 2015 to
22 Feb 2016
Ordinary shares
or equivalents
total at
22 Feb 2016
Value of
current
shareholding
% of policy
achieved
Paul Anderson 30,000a30,000a–30,000a$151,500 110
Alan Boeckmann 43,890a44,772a–44,772a$226,099 164
Admiral Frank Bowman 16,320a24,864a–24,864a$125,563 91
Antony Burgmans 10,156 10,156 –10,156 £36,257 40
Cynthia Carroll 10,500a10,500a–10,500a$53,025 39
George Davidb579,000a– – – – –
Ian Davis 22,420 23,854 –23,854 £85,159 95
Professor Dame Ann Dowling 22,320 22,320 – 22,320 £79,682 89
Brendan Nelson 11,040 11,040 –11,040 £39,413 44
Phuthuma Nhleko – – – – – 0
Paula Rosput Reynoldsc– 52,200a– 52,200a$263,610 192
Sir John Sawersc–13,528 –13,528 £48,295 54
Andrew Shilston 15,000 15,000 –15,000 £53,550 45
a Held as ADSs.
b Retired on 16 April 2015.
c Appointed on 14 May 2015.
Past directors
Sir Ian Prosser (who retired as a non-executive director of BP in April 2010) was appointed as a director and non-executive chairman of BP Pension
Trustees Limited on 1 October 2010. During 2015, he received £100,000 for this role.
This directors’ remuneration report was approved by the board and signed on its behalf by David J Jackson, company secretary on 4 March 2016.
BP Annual Report and Form 20-F 201592