Annual Report - JD Group

Directors’ remuneration
This report on remuneration and related matters covers
issues which are the concern of the board as a whole
in addition to those which were dealt with by the
remuneration committee.
Remuneration policy
The remuneration committee has a clearly defined mandate
from the board aimed at:
ensuring that the Group’s chairman, directors and senior
executives are fairly rewarded for their individual
contributions to the Group’s overall performance; and
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ensuring that the Group’s remuneration strategies and
packages, including the remuneration schemes,
are related to performance, are suitably competitive and
give due regard to the interests of the shareholders and
the financial and commercial health of the Group.
Directors’ service contracts
All executive directors’ normal contracts are subject to
12 calendar months’ notice. Non-executive directors are
not bound by service contracts.
Basic salary
Fees for
services Allowances*
R R R
2004
Executive directors
I D Sussman 2 084 363 302 694
H C Strauss 1 653 899 262 886
J L Bezuidenhout 936 993 203 826
J H C Kok (appointed 1 March 2004) 946 982 181 826
G Völkel 1 007 645 178 826
Non-executive directors
M E King 170 000
D Konar 170 000
I S Levy 170 000
M Lock 67 500
M J Shaw 125 000
2003
Executive directors
I D Sussman 1 976 942 302 866
H C Strauss 1 503 080 263 500
J L Bezuidenhout 768 250 209 221
N W E Thomson (retired 17 February 2003) 215 122 110 034
G Völkel 875 966 199 034
Non-executive directors
M E King 130 000
D Konar 130 000
I S Levy 130 000
M Lock 60 000
M J Shaw 100 000
* Travel, entertainment and subsistence allowances