Siemens 2015 Annual Report Download - page 49

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Combined Management Report 
Joe Kaeser Dr. Roland Busch Lisa Davis Klaus Helmrich
President and CEO Managing Board member Managing Board member Managing Board member
2015 2014 2015 2014 2015 2014 2015 2014
1,878 1,845 1,010 998 1,010 166 1,010 998
102 95 53 51 227 15 42 62
1,980 1,940 1,063 1,049 1,238 181 1,052 1,061
2,683 2,016 1,444 1,210 1,477 125 1,376 1,046
01,595 0269 000367
01,392 0269 000366
00000000
0203 000000
066 011 01,098 015
4,664 5,617 2,507 2,539 2,715 1,404 2,429 2,488
1,096 1,059 604 561 611 2,819 604 521
5,760 6,676 3,111 3,100 3,326 4,223 3,032 3,009
Janina Kugel Prof. Dr. Siegfried Russwurm Dr. Ralf P. Thomas Prof. Dr. Hermann Requardt
Managing Board member
since February 1, 2015
Managing Board member CFO Managing Board member
until January 31, 2015
2015 2014 2015 2014 2015 2014 2015 2014
626 –1,010 998 1,010 998 337 998
25 –78 44 67 61 28 84
651 –1,088 1,042 1,078 1,060 365 1,082
832 –1,376 1,070 1,410 1,046 451 1,021
0–01,392 177 535 01,519
0–01,392 0520 01,392
0–00177 000
0–00015 0127
0–056 022 062
1,482 –2,465 3,560 2,665 2,662 817 3,684
103 –603 560 604 230 580 540
1,586 –3,068 4,120 3,269 2,892 1,397 4,224
3 Starting with the Siemens Stock Awards tranche of 2011, the
restriction period was extended from three to four years.
Shares from the Siemens Stock Awards for 2011 will thus only
be transferred in November 2015. Therefore, no allocation
for Siemens Stock Awards was made in fiscal 2015.
4 “Other” includes the adjustment of the Siemens Stock
Awards for 2010 (transfer in November 2013) in accordance
with Section 23 and Section 125 of the German Transforma-
tion Act (Umwandlungsgesetz) due to the spin-off of
OSRAM. For Ms. Davis, “Other” represents the cash compo-
nent of the compensatory payment made in December 2014
for the forfeiture of benefits from her former employer.
5 Prof. Dr. Hermann Requardt resigned from the Managing
Board effective the end of the day on January 31, 2015. His
employment contract ended effective September 30, 2015.
In addition to the total compensation shown above for his
work as a member of the Managing Board, Prof. Dr. Requardt
received the following compensation for the remaining term
of his contract from February 1 to September 30, 2015: fixed
compensation of €673,600, fringe benefits of €68,203, and
variable compensation (Bonus) of €902,624.