Siemens 2007 Annual Report Download - page 96

96 Corporate Governance Report: Compensation Report
The following table describes the details of cash compensation on an individual
basis:
Cash compensation
(Amounts in €)(1) Salary Annual bonus LT bonus Other(2) Total
Peter Löscher(3) 2007 495,000 604,132 604,132 6,774 1,710,038
2006 – – – – –
Dr. Klaus Kleinfeld(3) 2007 1,704,320 1,796,750 1,796,750 34,208 5,332,028
2006 1,160,480 1,055,707 998,721 33,554 3,248,462
Prof. Johannes Feldmayer(4) 2007 936,000 1,119,737 910,822 39,548 3,006,107
2006 845,520 747,819 728,408 41,470 2,363,217
Dr. Thomas Ganswindt(5) 2007 – – – – –
2006 755,040 835,790 715,529 113,788 2,420,147
Dr. Heinrich Hiesinger(6) 2007 260,000 311,038 189,566 2,769 763,373
2006 – – – – –
Joe Kaeser(7) 2007 780,000 933,114 756,990 32,782 2,502,886
2006 325,000 337,448 291,460 10,075 963,983
Prof. Dr. Edward G. Krubasik(5) 2007 – – – – –
2006 755,040 835,790 817,839 45,156 2,453,825
Rudi Lamprecht 2007 936,000 1,119,737 910,822 26,629 2,993,188
2006 845,520 747,819 651,022 28,625 2,272,986
Heinz-Joachim Neubürger(7) 2007 – – – – –
2006 440,440 487,544 477,073 17,579 1,422,636
Dr. Jürgen Radomski 2007 936,000 1,119,737 910,822 26,583 2,993,142
2006 845,520 747,819 728,408 29,701 2,351,448
Prof. Dr. Hermann Requardt(8) 2007 780,000 933,114 814,320 33,134 2,560,568
2006 291,750 321,558 292,633 7,618 913,559
Dr. Uriel J. Sharef 2007 936,000 1,119,737 910,822 36,048 3,002,607
2006 845,520 747,819 728,408 39,228 2,360,975
Prof. Dr. Klaus Wucherer 2007 936,000 1,119,737 910,822 39,854 3,006,413
2006 845,520 747,819 728,408 29,242 2,350,989
Eduardo Montes(9) 2007 780,000 933,114 824,499 69,151 2,606,764
2006 325,000 400,416 330,411 15,310 1,071,137
Prof. Dr. Erich R. Reinhardt(9) 2007 780,000 1,026,051 843,024 30,296 2,679,371
2006 714,990 658,513 633,237 32,174 2,038,914
Prof. Dr. Claus Weyrich(5) (9) 2007 – – – – –
2006 505,500 543,031 531,368 27,083 1,606,982
Total 2007 10,259,320 12,135,998 10,383,391 377,776 33,156,485
2006 9,500,840 9,214,892 8,652,925 470,603 27,839,260
(1) The amounts for 2006 shown in this table are those obtained after reducing the variable cash bonus in
connection with the transfer of Managing Board remuneration to the hardship fund for BenQ Mobile employees
in Germany.
(2) Other compensation includes non-cash benefi ts in the form of company cars of €282,102 (2006: €300,753),
subsidized insurance of €48,634 (2006: €80,527), accommodation and moving expenses of €47,040 (2006:
€10,500), and a cash settlement of stock awards of €0 (2006: €78,823).
(3) 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.
(4) Prof. Feldmayer had been suspended since March 28, 2007 and left the Managing Board, effective September
30, 2007.
(5) Dr. Ganswindt, Prof. Dr. Krubasik and Prof. Dr. Weyrich resigned from the Managing Board, effective September
30, 2006.
(6) Dr. Hiesinger was elected a full member of the Managing Board, effective June 1, 2007.
(7) 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.
(8) Prof. Dr. Requardt was elected a full member of the Managing Board, effective October 1, 2006.
(9) Deputy members of the Managing Board.