Akademiska Hus Annual Report

Note 13, cont’d .Payments to the BoardBoard fee Remuneration Committee Finance Committee Audit CommitteeChairman of the Board Eva-Britt Gustafsson 1) 84 6 12 7Chairman of the Board Claes Ljungh 1) 76 6 12 –Member Charlotte Axelsson 79 12 - –Member Sigbrit Franke 79 12 - –Member Marianne Förander 79 – - 15Member Per Granath 79 – 12 7Member Maj-Charlotte Wallin 79 – - 15Member Göran Wendel 79 – 25 –Member Ingemar Ziegler 2) 41 – - 7Employee representative Sveinn Jonsson – – - –Employee representative Parzin Seradji – – - –Total 675 36 61 511) Chairman during part of 2007.2) Member during part of 2007.Payments to the Senior ManagementBasic salaryPension costCEO/President Thomas Norell 1,746 718Regional Director, South Mikael Lundström 1,157 343Regional Director, West Birgitta Hohlfält 884 355Regional Director, East Bengt Erlandsson 872 290Regional Director, Uppsala Hans Antonsson 995 365Regional Director, Stockholm Lennart Karlsson 1,357 389Regional Director, North Matias Lindberg 936 253CIO, Akademiska Hus AB Per Brantsing-Karlsson 700 174Technical Director, Akademiska Hus AB Tomas Hallén 865 432Corporate Communications Director, Akademiska Hus AB Katarina Hägg Peterson 1) 538 126CFO, Akademiska Hus AB Gunnar Oders 779 204Treasurer, Akademiska Hus AB Agneta Rodosi 998 178Planning Director, Akademiska Hus AB Anders Rubensson 1,089 566General Counsel, Akademiska Hus AB Carolin Åberg-Sjöqvist 1) 596 108Total 13,512 4,5011) On parental leave during part of 2007.Principles governing remuneration tothe Board and Senior ManagementThe members of the Board received a fee as decided at the Annual GeneralMeeting. Board members who are employed within the Akademiska HusGroup do not receive any fee for this work.Payment for committee work was set at the 2007 Annual General Meeting.Payment to the CEO and other senior executives comprises a basic salaryand a pension. The pension cost refers to the cost that has had an impact onthe profit for the year. All payments are excluding social insurance charges andemployer’s contribution. Payment to the CEO is decided by the Board followinga recommendation by the Remuneration Committee. Payments to othersenior executives have been decided by the President of the Parent Companyfollowing consultation with the Remuneration Committee. Payment comprisesa basic salary and a charge-defined pension.PensionsAkademiska Hus has taken out an individual occupational pension solution forthe CEO. The provision totals 45 per cent of the agreed fixed annual salary.The agreed retirement age is 64 years.For other persons in leading positions the pension is equivalent to theITP alternative or individual occupational pension solution with 65 years as theretirement age.Severance payAn agreement has been reached with the CEO on a mutual period of notice of sixmonths. For the period from the retirement date up to the age of 65 (11 months)Akademiska Hus has pledged a pension level equivalent to 50 per cent of the salaryreceived by the CEO in December 2008. Other persons in leading positionswithin the Group have an agreed period of notice of between 6 and 12 months.In the event of notice being given by the Company, a lump-sum payment can bepaid in the form of a salary for 6 to 24 months (including the period of notice).Absenteeism due to illness, Group and the Parent CompanyGroupParent Company2007 2006 2007 2006Total absenteeism due to illness, % 3.3 4.0 4.2 3.5Long-term absenteeism due to illness,% of total absenteeism due to illness 62.1 65.9 61.2 61.7Absenteeism due to illness, men, % 2.6 3.2 1.2 3.8Absenteeism due to illness, women, % 5.7 6.4 6.7 3.2Absenteeism due to illness, employeesunder 30 years, % 2.8 4.4 3.6 1.8Absenteeism due to illness, employees30-49 years, % 2.7 2.8 5.2 3.0Absenteeism due to illness, employees50 years and older, % 4.1 5.3 2.6 4.5The total absenteeism due to illness is stated as a percentage of the employees’total ordinary working time. Long-term absenteeism refers to absenteeismover a continuous period of 60 days or more.Akademiska Hus Annual Report 2007 | Notes 87