Siemens 2006 Annual Report Download - page 98

Compensation Report
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(1) Prof. Dr. Heinrich v. Pierer, former CEO and President of the Managing Board of Siemens AG, succeeded Dr. Karl-Hermann Baumann as Chairman of the Supervisory
Board, effective January 27, 2005.
(2) Each of Prof. Dr. Heinrich v. Pierer as Chairman of the Supervisory Board and a member of the Audit Committee; Dr. Josef Ackermann as Deputy Chairman of the
Supervisory Board; Dr. Gerhard Cromme as Chairman of the Audit Committee; Ralf Heckmann as Deputy Chairman of the Supervisory Board and a member of the
Audit Committee; and Heinz Hawreliuk and Dr. Henning Schulte-Noelle as members of the Audit Committee, received higher fixed and variable compensation.
For his period of office on the Supervisory Board, Dr. Karl-Hermann Baumann, as former Chairman of the Supervisory Board and the Audit Committee, also received
higher compensation on a pro-rata basis in the prior year. The same applies to Dr. Josef Ackermann as a former member of the Audit Committee.
(3) Thomas Rackow, formerly a substitute member of the Supervisory Board of Siemens AG, became a member of the Supervisory Board as a successor to Klaus Wigand
with effect from January 26, 2006.
2006 2005
Short-term Long-term Short-term Long-term
variable variable variable variable
Fixed com- com- com- Fixed com- com- com-
(Amounts in €) pensation pensation pensation Total pensation pensation pensation Total
Dr. Karl-Hermann Baumann(1)(2) – – – – 50,000 22,800 – 72,800
Prof. Dr. Heinrich v. Pierer(1) (2) 125,000 86,250 – 211,250 93,750 42,750 – 136,500
Ralf Heckmann(2) 100,000 69,000 – 169,000 100,000 45,600 – 145,600
Dr. Josef Ackermann(2) 75,000 51,750 – 126,750 83,333 38,000 – 121,333
Lothar Adler 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Gerhard Bieletzki 50,000 34,500 – 84,500 50,000 22,800 – 72,800
John David Coombe 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Hildegard Cornudet 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Dr. Gerhard Cromme(2) 100,000 69,000 – 169,000 87,500 39,900 – 127,400
Birgit Grube 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Heinz Hawreliuk(2) 75,000 51,750 – 126,750 75,000 34,200 – 109,200
Berthold Huber 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Prof. Dr. Walter Kröll 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Wolfgang Müller 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Georg Nassauer 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Thomas Rackow(3) 37,500 25,875 – 63,375 – – – –
Dr. Albrecht Schmidt 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Dr. Henning Schulte-Noelle(2) 75,000 51,750 – 126,750 75,000 34,200 – 109,200
Peter von Siemens 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Jerry I. Speyer 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Lord Iain Vallance of Tummel 50,000 34,500 – 84,500 50,000 22,800 – 72,800
Klaus Wigand(3) 16,667 11,500 – 28,167 50,000 22,800 – 72,800
Total 1,254,167 865,375 – 2,119,542 1,264,583 576,650 – 1,841,233
An existing agreement with Peter von Siemens was renewed after the Annual Shareholders’
Meeting 2003 with unchanged terms and conditions under which he, as a member of the
founder’s family, is entitled to reimbursement of expenses and the provision of a company car
and office with secretarial services for representing the Company at official events in Germany
and abroad, as well as in various associations.
No loans from the Company are provided to members of the Supervisory Board.