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27. Directors’ and executive officers’ remuneration
(a) Directors’ remuneration disclosed pursuant to the Listing Rules is as follows:
Cash Non-cash
Basic
salary/
Directors’
fee*
HK$’000
Bonus
HK$’000
Allowances
& benefits
HK$’000
Contributions#
to retirement
schemes
HK$’000
Bonus
paid into
retirement
schemes
HK$’000
Housing
benefits
HK$’000
2009
Total
HK$’000
2008
Total
HK$’000
Executive Directors
Christopher Pratt
1,059 – 51 1,347 – 631 3,088 3,463
Robert Atkinson
(up to March 2009)
393 2,494 164 497 – 612 4,160 8,452
Philip Chen
– – – – – – –3,714
James E. Hughes-Hallett
(from March 2009)
1,404 – 494 1,979 – 921 4,798 –
Ian Shiu (from October 2008)
1,628 953 501 112 – – 3,194 3,042
John Slosar
3,812 – 287 4,848 – 2,178 11,125 9,905
Augustus Tang
(up to September 2008)
– – – – – – –4,455
Tony Tyler
4,320 – 40 5,495 – 2,254 12,109 15,165
Non-Executive Directors
Cai Jianjiang
(from November 2009)
48* – – – – – 48 –
Chang Zhenming (from May
2009 to November 2009)
270* – – – – – 270 –
Philip Chen
– – – – – – ––
Martin Cubbon
(up to May 2009)
– – – – – – ––
Fan Cheng
(from November 2009)
62* – – – – – 62 –
Henry Fan
(up to April 2009)
134* – – – – – 134 500
James W.J. Hughes-Hallett
– – – – – – ––
Peter Kilgour (from May 2009)
– – – – – – ––
Kong Dong (from May 2008)
500* – – – – – 500 327
Li Jiaxiang (up to May 2008)
– – – – – – –173
Vernon Moore
(up to November 2009)
466* – – – – – 466 621
Robert Woods
– – – – – – ––
Zhang Lan
621* – – – – – 621 529
Independent
Non-Executive Directors
Irene Lee (from January 2010)
– – – – – – ––
Peter Lee (up to October 2009)
556* – – – – – 556 700
Raymond Or (up to May 2009)
255* – – – – – 255 700
Jack So
682* – – – – – 682 650
Tung Chee Chen
550* – – – – – 550 550
Peter Wong (from May 2009)
379* – – – – – 379 –
2009 Total
17,139 3,447 1,537 14,278 – 6,596 42,997
2008 Total
19,494 16,145 1,533 4,145 3,505 8,124 52,946
For Directors employed by the Swire group, the remuneration disclosed represents the amount charged to the
Company. Bonus is related to services for 2008 but paid and charged to the Company in 2009.
# The deficit of the Swire group retirement schemes identified as at 31st December 2008 was fully funded during the course of 2009.
Notes to the Accounts DIRECTORS AND EMPLOYEES
Cathay Pacific Airways Limited Annual Report 2009 81