Merck 2010 Annual Report Download - page 117
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The following table provides an overview of the amount of the variable compensation paid in
2009 and 2010:
Variable compensation
EUR thousand 2010 * 2009 **
Dr. Karl-Ludwig Kley 2,144 1,282
Dr. Michael Becker 1,286 769
Dr. Bernd Reckmann 1,072 641
Elmar Schnee 1,715 1,025
Total 6,217 3,717
* The variable compensation for 2010 is based on an extrapolation since the consolidated result of the E. Merck
Group was not yet available when this information was prepared.
** The variable compensation stated for 2009 deviates from the data provided in 2009 since the consolidated result of
the E. Merck Group was not yet available when this information was prepared and was therefore extrapolated.
Consequently, this results in the following total compensation for the Executive Board members
of Merck KGaA:
Fixed compensation Variable compensation Total
EUR thousand 2010 2009 2010 2009 2010 2009
Dr. Karl-Ludwig Kley 1,000 1,000 2,144 1,282 3,144 2,282
Dr. Michael Becker 800 800 1,286 769 2,086 1,569
Dr. Bernd Reckmann 750 750 1,072 641 1,822 1,391
Elmar Schnee 900 900 1,715 1,025 2,615 1,925
Total 3,450 3,450 6,217 3,717 9,667 7,167
The individual contractual pension obligations grant the members of the Executive Board
entitlement to a lifelong old-age pension or surviving dependents’ pension in the event of
reaching the individual contractually agreed age limit, permanent disability, and death.
The amount of the old-age pension is determined by a percentage share of pensionable com-
pensation defined by the Personnel Committee.
Company 113Consolidated Financial Statements More informationManagement Report Corporate Governance
Statement on corporate governance