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2013 Apr 15 Annual Report 2012 - Phosphagenics

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Directors’ <strong>Report</strong> continued<br />

REMUNERATION REPORT (AUDITED) (CONTINUED)<br />

Remuneration of key management personnel (continued)<br />

Short – Term<br />

Post-Employment<br />

42<br />

2011<br />

Salary &<br />

Fees<br />

$<br />

Cash<br />

Bonus<br />

$<br />

Superannuation<br />

$<br />

Non-executive directors<br />

Addison, J L 34,862 - 3,138<br />

Clarke, D 34,580 - 3,112<br />

James, S 34,580 - 3,112<br />

Webb, S 34,580 - 3,112<br />

Executive directors<br />

Rosen, H 271,765 - 24,459<br />

Ogru, E * 222,703 50,000 20,043<br />

Other Key management personnel<br />

Banti, F ** 146,383 - -<br />

Gavin, P 135,433 - 12,189<br />

Arnott, A *** 92,520 - -<br />

Butala, D 140,254 - 12,623<br />

Harrison, K **** 117,783 - 10,600<br />

Kyriakou, K 123,960 - 11,<strong>15</strong>6<br />

Libinaki, R **** 128,673 - 11,581<br />

Totals 1,518,076 50,000 1<strong>15</strong>,125<br />

*<br />

E Ogru was paid a once off cash bonus in June 2011 in recognition of outstanding performance during the previous 12 month period.<br />

**<br />

F Banti resigned on 29 July 2011<br />

***<br />

A Arnott is employed under contract, with no fi xed period. Either party may terminate the agreement at any time by giving the other party<br />

14 days notice in writing.<br />

****<br />

Due to organisational developments, effective 1 Jan <strong>2012</strong>, R Libinaki and K Harrison are no longer considered Key Management<br />

Personnel<br />

PHOSPHAGENICS ANNUAL REPORT <strong>2012</strong>

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