Siemens 2008 Annual Report Download - page 132

The following table describes the details of cash compensation on an individual basis:
36 Corporate Governance Report: Compensation Report
Cash compensation
(Amounts in €) Salary Annual bonus Long-term bonus Other(1))Total
2008 2007 2008 2007 2008 2007 2008 2007 2008 2007
Managing Board
members serving as of
September 30, 2008
Peter Löscher 1,980,000 495,000 1,972,530 604,132 2,085,473 604,132 1,300,774 6,774 7,338,777 1,710,038
Wolfgang Dehen(2) 585,000 – 581,357 – 460,442 – 47,903 – 1,674,702 –
Dr. Heinrich Hiesinger 780,000 260,000 675,521 311,038 676,699 189,566 43,823 2,769 2,176,043 763,373
Joe Kaeser 780,000 780,000 761,670 933,114 854,995 756,990 67,267 32,782 2,463,932 2,502,886
Jim Reid-Anderson(3) 325,000 – 241,503 – 241,503 – 3,735 – 811,741 –
Prof. Dr. Hermann Requardt 780,000 780,000 761,670 933,114 862,325 814,320 62,045 33,134 2,466,040 2,560,568
Dr. Siegfried Russwurm(2) 585,000 – 571,253 – 583,445 – 30,956 – 1,770,654 –
Peter Y. Solmssen(4) 780,000 – 761,670 – 761,670 – 1,711,970 – 4,015,310 –
Former Managing Board
members
Dr. Klaus Kleinfeld(5) – 1,704,320 – 1,796,750 – 1,796,750 – 34,208 – 5,332,028
Prof. Johannes Feldmayer(5) – 936,000 – 1,119,737 – 910,822 – 39,548 – 3,006,107
Rudi Lamprecht(5) 234,000 936,000 – 1,119,737 – 910,822 8,232 26,629 242,232 2,993,188
Eduardo Montes(5)(6) 195,000 780,000 – 933,114 – 824,499 17,258 69,151 212,258 2,606,764
Dr. Jürgen Radomski(5)(8) 234,000 936,000 228,501 1,119,737 266,683 910,822 7,397 26,583 736,581 2,993,142
Prof. Dr. Erich R. Reinhardt(6)(7) 455,000 780,000 322,799 1,026,051 503,381 843,024 21,055 30,296 1,302,235 2,679,371
Dr. Uriel J. Sharef(5) 234,000 936,000 – 1,119,737 – 910,822 9,783 36,048 243,783 3,002,607
Prof. Dr. Klaus Wucherer(5) 234,000 936,000 – 1,119,737 – 910,822 191,854 39,854 425,854 3,006,413
Total 8,181,000 10,259,320 6,878,474 12,135,998 7,296,616 10,383,391 3,524,052 377,776 25,880,142 33,156,485
(1)
Other compensation includes non-cash benets e.g. in the form of company cars of €212,395 (2007: €282,102), subsidized insurance of €65,978
(2007: €48,634), reimbursement of legal and/or tax advice fees, accommodation and moving expenses of €3,245,679 (2007: €47,040).
(2)
Wolfgang Dehen and Dr. Siegfried Russwurm were elected full members of the Managing Board effective January 1, 2008.
(3)
Jim Reid-Anderson was elected a full member of the Managing Board effective May 1, 2008.
(4)
Peter Y. Solmssen was elected a full member of the Managing Board effective October 1, 2007.
(5)
Dr. Klaus Kleinfeld resigned from the Managing Board effective June 30, 2007; Prof. Johannes Feldmayer resigned from the Managing Board effective
September 30, 2007; and Rudi Lamprecht, Eduardo Montes, Dr. Jürgen Radomski, Dr. Uriel J. Sharef and Prof. Dr. Klaus Wucherer resigned from the
Managing Board effective December 31, 2007.
(6)
Deputy members of the Managing Board until December 31, 2007.
(7)
Prof. Dr. Erich R. Reinhardt was elected a full member of the Managing Board effective January 1, 2008 and resigned from the Managing Board effective
April 30, 2008.
(8)
On November 12, 2008, the Chairman’s Committee of the Supervisory Board resolved, in view of the damage claims asserted against former Managing
Board members, to exercise a right of lien or retention on the payment of annual and long-term bonuses to Dr. Jürgen Radomski.