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ABB Annual Report 2012 PDF - ABB Group Annual Report 2012

ABB Annual Report 2012 PDF - ABB Group Annual Report 2012

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Furthermore, at December 31, <strong>2012</strong>, the following membersof the EC held conditionally granted <strong>ABB</strong> shares underthe performance component of the LTIP <strong>2012</strong>, 2011 and2010, which at the time of vesting will be settled in cash.Except as described in this section, at December 31, <strong>2012</strong>,no member of the EC and no person closely linked to amember of the EC held any shares of <strong>ABB</strong> or options in <strong>ABB</strong>shares. For comparative information about share andoption ownership of EC members in 2011, see Note 12 tothe <strong>ABB</strong> Ltd statutory financial statements.NameMaximum number of conditionallygranted shares under theperformance component of the2010 launch of LTI PlanMaximum number of conditionallygranted shares under theperformance component of the2011 launch of LTI PlanReference number of sharesunder the performance componentof the <strong>2012</strong> launch of LTI Plan(vesting 2013) (vesting 2014) (vesting 2015)Joe Hogan 58,854 60,526 123,541Michel Demaré 27,740 26,967 –Gary Steel 14,952 15,196 20,781Ulrich Spiesshofer 15,146 15,460 22,588Diane de Saint Victor 14,175 14,194 20,652Bernhard Jucker 17,865 17,933 24,524Veli-Matti Reinikkala 12,965 11,965 19,878Brice Koch 13,593 14,158 21,426Tarak Mehta 8,392 12,516 18,845Frank Duggan 9,444 13,780 18,845Greg Scheu(joined on May 1, <strong>2012</strong>) – – 17,425Prith Banerjee(joined <strong>ABB</strong> on May 7, <strong>2012</strong>) – – 18,071Total Executive Committeemembers as of Dec. 31, <strong>2012</strong> 193,126 202,695 326,576<strong>ABB</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> | Remuneration report 41

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