Reebok 2015 Annual Report Download - page 46

TO OUR SHAREHOLDERS
Compensation Report
42
1
02BENEFITS GRANTEDIN €
Herbert Hainer
CEO
Roland Auschel
Executive Board member, Global Sales
2014 2015 2015 (min.) 2015 (max.) 2014 2015 2015 (min.) 2015 (max.)
Fixed compensation 1,500,000 1,582,258 1,582,258 1,582,258 550,000 550,000 550,000 550,000
Other benefits 28,304 28,199 28,199 28,199 16,237 17,742 17,742 17,742
Total 1,528,304 1,610,457 1,610,457 1,610,457 566,237 567,742 567,742 567,742
One-year variable compensation 31,273,080 1,311,270 01,966,905 400,000 412,000 0 618,000
Multi-year variable compensation 1,540,000 1,694,000 0 2,541,000 550,000 616,667 0 925,000
LTIP 2012/2014 41,540,000 n.a. n.a. n.a. 550,000 n.a. n.a. n.a.
LTIP 2015/2017 n.a. 1,694,000 02,541,000 n.a. 616,667 0 925,000
Total 4,341,384 4,615,727 1,610,457 6,118,362 1,516,237 1,596,408 567,742 2,110,742
Service cost 5, 6 330,836 428,648 428,648 428,648 390,536 361,000 361,000 361,000
Overall compensation 4,672,220 5,044,375 2,039,105 6,547,010 1,906,773 1,957,408 928,742 2,471,742
Glenn Bennett
Executive Board member, Global Operations
Eric Liedtke
Executive Board member, Global Brands
Since March 6, 2014
2014 12015 22015 (min.) 2015 (max.) 2014 2015 2015 (min.) 2015 (max.)
Fixed compensation 546,029 680,560 680,560 680,560 409,946 516,667 516,667 516,667
Other benefits 19,730 30,993 30,993 30,993 10,213 15,656 15,656 15,656
Total 565,759 711,553 711,553 711,553 420,159 532,322 532,322 532,322
One-year variable compensation 3370,292 662,132 0 993,199 333,333 412,000 0 618,000
Multi-year variable compensation 839,726 901,101 0 1,351,651 437,500 616,667 0 925,000
LTIP 2012/2014 4839,726 n.a. n.a. n.a. 437,500 n.a. n.a. n.a.
LTIP 2015/2017 n.a. 901,101 0 1,351,651 n.a. 616,667 0 925,000
Total 1,775,777 2,274,786 711,553 3,056,402 1,190,992 1,560,989 532,322 2,075,322
Service cost 5, 6 756,632 251,162 251,162 251,162 315,951 336,000 336,000 336,000
Overall compensation 2,532,409 2,525,948 962,715 3,307,564 1,506,943 1,896,989 868,322 2,411,322
Robin J. Stalker
Chief Financial Officer
Erich Stamminger
Executive Board member, Global Brands
Until March 6, 2014
2014 2015 2015 (min.) 2015 (max.) 2014 2015 2015 (min.) 2015 (max.)
Fixed compensation 605,000 654,603 654,603 654,603 192,500 n.a. n.a. n.a.
Other benefits 18,617 19,817 19,817 19,817 8,382 n.a. n.a. n.a.
Total 623,617 674,421 674,421 674,421 200,882 n.a. n.a. n.a.
One-year variable compensation 3402,730 520,000 0 780,000 0 n.a. n.a. n.a.
Multi-year variable compensation 770,000 741,800 0 1,112,700 0 n.a. n.a. n.a.
LTIP 2012/2014 4770,000 n.a. n.a. n.a. n.a. n.a. n.a. n.a.
LTIP 2015/2017 n.a. 741,800 0 1,112,700 n.a. n.a. n.a. n.a.
Total 1,796,347 1,936,221 674,421 2,567,121 200,882 n.a. n.a. n.a.
Service cost 5, 6 907,791 379,868 379,868 379,868 751,066 n.a. n.a. n.a.
Overall compensation 2,704,138 2,316,089 1,054,289 2,946,989 951,948 n.a. n.a. n.a.
1 Exchange rate 1.3296 $/€ (annual average rate 2014).
2 Exchange rate 1.11005 $/€ (annual average rate 2015).
3 No Performance Bonus granted to Erich Stamminger for 2014 due to his resignation effective March 6, 2014. Contractually agreed Performance Bonus target amount 2014 for Eric Liedtke
effective March 6, 2014 due to his appointment during the year.
4 Contractually agreed LTIP Bonus target amount 2012/2014 due to the appointment of Roland Auschel (effective October 1, 2013) and Eric Liedtke (effective March 6, 2014) during the plan term.
Contractually agreed LTIP Bonus target amount 2012/2014 due to the resignation of Erich Stamminger (effective March 6, 2014) during the plan term.
5 Based on the amendment of the Pension Agreements of Glenn Bennett and Robin J. Stalker effective March 6, 2015, the service cost in the 2014 financial year comprised the 2014 service cost
and the 2014 past service cost.
6 The service cost for Erich Stamminger also comprises the contractually agreed follow-up bonus in the amount of € 603,387 granted at the time of his departure in March 2014, as the follow-up
bonus is a commitment for other pension benefits made in advance for the case of departure.