Lenovo 2012 Annual Report Download - page 141

2011/12 Annual Report Lenovo Group Limited 139
11 Emoluments of directors and highest paid individuals (continued)
(a) Directors’ and senior management’s emoluments (continued)
2011
Name of Director Fees Salaries
Discretionary
bonuses
(note i)
Long-term
incentives
awards
(note ii)
Retirement
payments
and
employer’s
contribution
to pension
schemes
Other
benefits-
in-kind Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Executive director
Mr. Yang Yuanqing –911 3,297 7,492 91 96 11,887
Non-executive directors
Mr. Liu Chuanzhi –460 805 2,178 – – 3,443
Mr. Zhu Linan 80 – – 127 – – 207
Ms. Ma Xuezheng 80 – – 229 – – 309
Mr. James G. Coulter 80 – – 148 – – 228
Mr. William O. Grabe 90 – – 209 – – 299
Dr. Wu Yibing 80 – – 105 – – 185
Independent non-executive directors
Professor Woo Chia-Wei 80 – – 192 – – 272
Mr. Ting Lee Sen 80 – – 130 – – 210
Dr. Tian Suning 80 – – 112 – – 192
Mr. Nicholas C Allen 100 – – 76 – – 176
750 1,371 4,102 10,998 91 96 17,408
Notes:
(i) Discretionary bonuses paid for the two years ended March 31, 2012 and 2011 represent the amounts in connection with the
performance bonuses for the two years ended March 31, 2011 and 2010 respectively.
(ii) Details of the long-term incentive program of the Company are set out in Note 30(a). The fair value of the employee services
received in exchange for the grant of the long-term incentive awards is recognized as an expense. The total amount to be
amortized over the vesting period is determined by reference to the fair value of the long-term incentive awards at the date of
grant. The amounts disclosed above represent the amortized amounts for the two years ended March 31, 2012 and 2011.
(iii) Mr. William O. Grabe and Professor Woo Chia-Wei have elected to defer their receipts of the cash of director’s fee into fully vested
share units under the long-term incentive program (Note 30(a)) for the two years ended March 31, 2012 and 2011.