Air New Zealand 2013 Annual Report Download - page 66

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Directors’ Remuneration
The directors’ remuneration is paid in the form of directors’ fees. Additional fees are paid to the Chairman and Deputy Chairman and
in respect of work carried out by individual directors on various Board Commiees to reflect the additional responsibilities of these
positions. The total of fees to be paid to directors is subject to shareholder approval. Air New Zealand meets directors’ reasonable travel
and other costs associated with Air New Zealand business.
Directors received the following fees and remuneration from Air New Zealand Limited in the year to 30 June 20131:
NAME
DIRECTORS’
FEES
COMMITTEE
FEES
TOTAL
REMUNERATION
VALUE OF TRAVEL
ENTITLEMENT
2
John Palmer (Chairman)
255,094
-
255,094
29,870
Tony Carter (Deputy Chairman)3
94,669
28,500
123,169
23,273
Paul Bingham
84,938
16,625
101,563
43,140
Jan Dawson 84,848 33,500 118,348 31,441
Jim Fox 84,713 40,375 125,088 35,108
Roger France 87,750 40,250 128,000 52,331
Rob Jager4
22,500
4,375
26,875
1,800
Warren Larsen5
84,825
33,250
118,075
43,422
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1. No employee of the Group received or retains any remuneration or other benefits as a director of any subsidiary company.
2. Includes value of travel benefits for related parties and benefits accrued in prior years availed in current year.
3. GST exclusive.
4. Appointed 1 April 2013.
5. Retired 30 June 2013.
Air New Zealand Annual Financial Results 
64