Siemens 2007 Annual Report Download - page 95

Corporate Governance Report: Compensation Report 95
The following compensation was determined for the members of the Managing
Board for fi scal year 2007 (individual disclosure):
(Amounts in €)(1)
Cash
compensation
Fair value of stock-
based compensation Total
Peter Löscher(2) 2007 1,710,038 1,000,065 2,710,103
2006 – – –
Dr. Klaus Kleinfeld(2) 2007 5,332,028 750,000 6,082,028
2006 3,248,462 375,058 3,623,520
Prof. Johannes Feldmayer(3) 2007 3,006,107 – 3,006,107
2006 2,363,217 250,016 2,613,233
Dr. Thomas Ganswindt(4) 2007 – – –
2006 2,420,147 – 2,420,147
Dr. Heinrich Hiesinger(5) 2007 763,373 750,025 1,513,398
2006 – – –
Joe Kaeser(6) 2007 2,502,886 750,025 3,252,911
2006 963,983 300,046 1,264,029
Prof. Dr. Edward G. Krubasik(4) 2007 – – –
2006 2,453,825 – 2,453,825
Rudi Lamprecht 2007 2,993,188 750,025 3,743,213
2006 2,272,986 250,016 2,523,002
Heinz-Joachim Neubürger(6) 2007 – – –
2006 1,422,636 – 1,422,636
Dr. Jürgen Radomski 2007 2,993,142 750,025 3,743,167
2006 2,351,448 250,016 2,601,464
Prof. Dr. Hermann Requardt(7) 2007 2,560,568 750,025 3,310,593
2006 913,559 200,054 1,113,613
Dr. Uriel J. Sharef 2007 3,002,607 750,025 3,752,632
2006 2,360,975 250,016 2,610,991
Prof. Dr. Klaus Wucherer 2007 3,006,413 750,025 3,756,438
2006 2,350,989 250,016 2,601,005
Eduardo Montes(8) 2007 2,606,764 750,025 3,356,789
2006 1,071,137 200,054 1,271,191
Prof. Dr. Erich R. Reinhardt(8) 2007 2,679,371 750,025 3,429,396
2006 2,038,914 200,054 2,238,968
Prof. Dr. Claus Weyrich(4) (8) 2007 – – –
2006 1,606,982 – 1,606,982
Total 2007 33,156,485 8,500,290 41,656,775
2006 27,839,260 2,525,346 30,364,606
(1) The fair value of the stock-based compensation relates to stock awards granted in November 2007 and 2006
for fi scal years 2007 and 2006, respectively. Dr. Kleinfeld’s stock-based compensation is settled in cash.
The amounts for 2006 shown in this table are those obtained after reducing the variable cash bonus and the
stock-based compensation in connection with the transfer of Managing Board remuneration to the hardship
fund for BenQ Mobile employees in Germany.
(2) Effective June 30, 2007, Dr. Kleinfeld resigned from his offi ces as a full member of the Managing Board and as
CEO and President of the Managing Board of Siemens AG. The full term of his service agreement would have
expired on September 30, 2007. Effective July 1, 2007, Peter Löscher was elected a full member of the
Managing Board and appointed Chief Executive Offi cer and President of the Managing Board of Siemens AG.
(3) Prof. Feldmayer had been suspended since March 28, 2007 and left the Managing Board, effective
September 30, 2007.
(4) Dr. Ganswindt, Prof. Dr. Krubasik and Prof. Dr. Weyrich resigned from the Managing Board,
effective September 30, 2006.
(5) Dr. Hiesinger was elected a full member of the Managing Board, effective June 1, 2007.
(6) On May 1, 2006, Joe Kaeser succeeded Heinz-Joachim Neubürger, who resigned from the Managing Board
on April 30, 2006, as a full member of the Managing Board of Siemens AG.
(7) Prof. Dr. Requardt was elected a full member of the Managing Board, effective October 1, 2006.
(8) Deputy members of the Managing Board.