AWB Limited - 2003 Annual Report

DIRECTORS' REPORT (continued)
Emoluments of the five most highly paid executive officers of AWB Limited and the consolidated entity
Base fee Superannuation 2002 bonus paid in Other Total
$ $ current year $ $ $
Paul Ingleby 427,253 10,640 99,960 18,618 556,471
Charles Stott 287,783 10,640 58,800 153,665 b 510,888
Tim Goodacre a 62,966 1,952 105,000 310,320 c 480,238
Marcus Kennedy 369,070 10,890 – 76,275 d 456,235
Jill Gillingham 277,445 67,351 83,300 3,716 431,812
Total 1,424,517 101,473 347,060 562,594 2,435,644
Notes:
The terms 'director' and 'officer' have been treated as mutually exclusive for the purposes of this disclosure.
a
Tim Goodacre resigned on 6 December 2002.
b
"Other" emoluments include performance related payments relating to the acquisition of Landmark.
c
"Other" emoluments include the payment of accrued annual leave and long service leave entitlements.
d
"Other" emoluments includes an amount paid on commencement of employment.
DIRECTORS' MEETINGS
The number of meetings of directors (including meetings of committees of directors) held during the year and the number of meetings
attended by each director were as follows:
Director Board meetings Audit Committee Corporate Risk Remuneration
meetings Committee meetings Committee meetings
Eligible to Attended Eligible to Eligible to Eligible to
attend attend Attended attend Attended attend Attended
Brendan Stewart 13 13 7 7 8 8 3 3
Robert Barry 13 12 7 7
Andrew Lindberg 13 13 5 5 3 3
Ian Cush 1 5 5 4 4
Brendan Fitzgerald 2 8 8 3 3
Laurie Marshall 13 13 7 7
Xavier Martin 2 8 8 3 3
Warrick McClelland 13 13 7 7
Christopher Moffet 13 13 8 8
Peter Polson 3 6 6 4 4 2 2
Kerry Sanderson 13 12 8 7
Brenda Shanahan 4 7 7 4 4 1 1
Michael Shanahan 1 5 5 4 4
John Simpson 13 13 3 3
John Thame 13 13 7 7 3 3
In all cases where a director did not attend a meeting, prior leave of absence was granted by the board or chairman to the director.
1
Not re–elected at the 2003 Annual General Meeting.
3
Appointed 31 March 2003.
2
Elected at the 2003 Annual General Meeting.
4
Resigned 31 March 2003.
48