BMW 2013 Annual Report Download - page 190

190
166 STATEMENT ON
CORPORATE GOVERNANCE
(Part of Management Report)
166 Information on the Company’s
Governing Constitution
167 Declaration of the Board of
Management and of the
Supervisory
Board pursuant to
§ 161 AktG
168 Members of the Board of
Management
169
Members of the Supervisory
Board
172 Work Procedures of the
Board of Management
174 Work Procedures of the
Supervisory Board
179 Information on Corporate
Governance Practices
180 Compliance in the BMW Group
185 Compensation Report
Compensation of the individual members of the Board of Management for the financial year 2013 (2012)
in € or Fixed compensation Variable Share-based Com- Expense for Provision at
number of cash com- compensation pensation share-based 31.12. 2013 for
matching shares
Basic Other pensation component Total compensation share-based
compen- compen- Total (matching component remuneration
sation sation component)1in year under component in
report in accordance
Number Monetary accordance with with
HGB
value HGB and IFRS and IFRS2
Norbert Reithofer 1,500,000 119,232 1,619,232 5,270,400 1,886 143,204 7,032,836 122,700 219,970
(1,500,000) (112,835) (1,612,835) (4,881,600) (2,495) (132,634) (6,627,069) (75,826) (97,269)
Frank-Peter 225,000 10,434 235,434 640,500 0 0 875,934 69,008 157,864
Arndt3 (900,000) (27,336) (927,336) (2,847,600) (1,455) (77,348) (3,852,284) (70,099) (88,856)
Milagros Caiña 750,000 98,213 848,213 2,635,200 1,012 76,841 3,560,254 49,469 55,717
Carreiro-Andree (375,000) (11,526) (386,526) (1,220,400) (514) (35,569) (1,642,495) (6,248) (6,248)
Herbert Diess 900,000 19,210 919,210 3,074,400 1,181 89,673 4,083,283 91,437 162,052
(900,000) (22,007) (922,007) (2,847,600) (1,563) (83,089) (3,852,696) (55,238) (70,615)
Klaus Draeger 900,000 26,374 926,374 3,074,400 1,181 89,673 4,090,447 125,097 215,602
(900,000) (22,948) (922,948) (2,847,600) (1,563) (83,089) (3,853,637) (71,283) (90,505)
Friedrich Eichiner 900,000 24,225 924,225 3,074,400 1,181 89,673 4,088,298 104,017 182,455
(900,000) (27,366) (927,366) (2,847,600) (1,563) (83,089) (3,858,055) (61,522) (78,437)
Harald Krüger 900,000 18,588 918,588 3,074,400 1,100 83,523 4,076,511 60,843 108,375
(900,000) (19,036) (919,036) (2,847,600) (1,455) (77,348) (3,843,984) (37,608) (47,532)
Ian Robertson 900,000 14,401 914,401 3,074,400 1,181 89,673 4,078,474 79,152 141,210
(900,000) (14,881) (914,881) (2,847,600) (1,563) (83,089) (3,845,570) (48,583) (62,058)
Peter 562,500 13,424 575,924 1,976,400 812 57,603 2,609,927 10,380 10,380
Schwarzenbauer4(–) (–) (–) (–) (–) (–) (–) (–) (–)
Total
7,537,500 344,101 7,881,601 25,894,500 9,534 719,863 34,495,964 712,103 1,253,625
(7,275,000) (257,935) (7,532,935) (23,187,600) (12,171) (655,255) (31,375,790) (426,407) (541,520)
1 Provisional number or provisional monetary value calculated at grant date (date on which the entitlement became binding in law). The final number of matching shares is
determined in each case when the requirement to invest in BMW AG common stock has been fulfilled. See note 19 to the Group Financial Statements for a description of the
accounting treatment of the share-based compensation component.
2 Monetary value calculated on the basis of the closing price of BMW common stock in the XETRA trading system on 31 December 2013 (€ 85.22) (fair value at reporting date).
3 Member of the Board of Management until 31 March 2013.
4 Member of the Board of Management since 1 April 2013.