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34 The Carphone Warehouse Group PLC Annual Report 2008
Directors’ Report: Governance
Remuneration Report continued
Aggregate remuneration*
The total amounts of Directors’ remuneration and other benefits (excluding pension contributions) were as follows:
Payments
Basic Taxable Annual to former 2008 2007
salary/fees benefits (i) bonuses (ii) Directors (iii) Total Total
Director £000 £000 £000 £000 £000 £000
Executive
J H Dale 53 3–23 79 300
C W Dunstone 550 17 550 – 1,117 1,096
D Goldie 275 14 459 – 748 559
A Harrison 225 18 360 – 603 462
R W Taylor 350 14 700 – 1,064 703
Non-Executive
S Esom 50 –––50 44
J Gildersleeve 317 –––317 200
D Mansfield 55 –––55 48
A H Martin 67 –––67 55
Baroness Morgan 56 –––56 48
Sir B Pitman 67 –––67 57
D P J Ross 150 9––159 155
D Grigson 46 –––46 –
Aggregate emoluments 2,261 75 2,069 23 4,428 3,727
(i) The taxable benefits provided consist of a company car or car allowance, fuel and private medical cover.
(ii) Annual bonuses for the period ended 29 March 2008 were accrued at that date and will be paid in June 2008.
(iii) J H Dale retired from the Board on 5 June 2007. Payments to former Directors represent amounts paid for ongoing services provided to the Company.
(iv) J Gildersleeve’s salary as Chairman increased to £400,000 per year as from 1 September 2007.
Pension contributions*
The schedule below sets out payments to defined contribution pension schemes on behalf of Executive Directors. Roger Taylor has a Self Invested
Pension Plan; David Goldie and Andrew Harrison have a fixed amount of salary paid into defined contribution pension plans. Under both schemes, a
fixed proportion of salary is paid by the Company together with a fixed proportion by the Executive Director and both amounts are invested on behalf of
the Executive Director. Pension benefits are then funded by the total investment. Jim Dale had a similar scheme in the Isle of Man. Levels are reviewed
annually against published market data. None of the Directors was a member of a defined benefit pension scheme during the period. Pension
entitlements are based on basic salary only.
2008 2007
Director £000 £000
J H Dale 47
D Goldie 55 54
A Harrison 11 11
R W Taylor 18 17
Total 88 89