Lenovo 2013 Annual Report Download - page 149

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2012/13 Annual Report Lenovo Group Limited 147
11 Emoluments of directors and highest paid individuals (continued)
(a) Directors’ and senior management’s emoluments (continued)
2012
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 (CEO) – 1,072 5,168 7,754 107 117 14,218
Non-executive directors
Mr. Liu Chuanzhi – 901 – 2,272 – – 3,173
Mr. Zhu Linan 80 – – 152 – – 232
Ms. Ma Xuezheng 80 – – 164 – – 244
Mr. James G. Coulter 39 – – 147 – – 186
Dr. Wu Yibing 80 – – 149 – – 229
Mr. Zhao John Huan 33 – – – – – 33
Independent non-executive directors
Professor Woo Chia-Wei 80 – – 122 – – 202
Mr. William O. Grabe 90 – – 130 – – 220
Mr. Ting Lee Sen 80 – – 122 – – 202
Dr. Tian Suning 80 – – 152 – – 232
Mr. Nicholas C Allen 100 – – 136 – – 236
Mr. Nobuyuki Idei 41 – – – – – 41
783 1,973 5,168 11,300 107 117 19,448
Notes:
(i) Discretionary bonuses paid for the two years ended March 31, 2013 and 2012 represent the amounts in connection with the
performance bonuses for the two years ended March 31, 2012 and 2011 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, 2013 and 2012.
(iii) Mr. William O. Grabe has elected to defer his 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, 2013 and 2012.
(iv) During the year, the Company approved a pension payment of US$1.5 million payable annually to Mr Liu Chuanzhi, a retired
director.