Tesco 2014 Annual Report Download - page 57

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Single total figure of remuneration – Non-executive Directors
StuartChambers 2013/14 191 4195
2012/13 171 6177
OliviaGarfield 2013/14 62 062
2012/13 – – –
KenHanna 2013/14 124 2126
2012/13 112 3115
DeannaOppenheimer 2013/14 164 66 230
2012/13 138 180 318
JacquelineTammenomsBakker 2013/14 94 10 104
2012/13 94 8102
ThefiguresinthistablearefromthedateofappointmentoruntilthedatethateachDirectorceasedtobeaDirectorofTescoPLC.DeannaOppenheimerwasappointedon
1March2012.OliviaGarfieldwasappointedon1April2013.MarkArmourwasappointedon2September2013.ThefiguresinthistableincludefeespaidtoGarethBullock,
StuartChambersandDeannaOppenheimerinrespectoftheirmembershipoftheBoardandCommitteesofTescoPersonalFinanceGroupLimited.TheChairman’sbenefits
aremadeupsolelyofcarbenefits,driver,securityandmedicalinsurance.TheNon-executiveDirectors’benefitscomprisetaxabletravelandforDeannaOppenheimer,
2012/13benefitsincludetravelinrelationtoherinductiononjoiningTescoandlegalfeesinconnectionwithherappointment.Thebenefitcostsshownhavebeengrossed
upfortax.
Beneficial share ownership
TherearenoshareholdingguidelinesfortheNon-executiveDirectors.ThetablebelowoutlinesthecurrentinterestsoftheNon-executive
DirectorsintheCompany.Shareholdingsincludesharesheldbyconnectedpersons.
Director Shares owned outright at 22 February 2014 Sharesownedoutrightat23February2013
SirRichardBroadbent 63,996 53,996
MarkArmour 25,000 n/a
GarethBullock 25,000 0
PatrickCescau 18,340 18,340
StuartChambers 25,000 25,000
OliviaGarfield 4,086 n/a
KenHanna 25,000 25,000
DeannaOppenheimer 52,500*52,500*
JacquelineTammenomsBakker 16,472 16,472
* DeannaOppenheimerholds17,500ADRsequivalentto52,500ordinaryshares.
TherewerenochangesinshareinterestheldbyNon-executiveDirectorsbetween22Februaryand24April2014.
Governance
Membership of the Remuneration Committee and attendance at meetings
Numberofpossiblemeetings Actualmeetingsattended
Membership of the Remuneration
Committee and attendance
at meetings
StuartChambers(CommitteeChairman) 4 4
SirRichardBroadbent 4 4
KenHanna 4 4
JacquelineTammenomsBakker 4 4
DeannaOppenheimerjoinedtheCommitteewitheffectfrom1March2014.
TheCommitteealsoconvenesonanadhocbasisbetweenformalmeetingswhennecessary.TheDirectors’biographiescanbe
foundonpages26and27ofthisreport.NomemberoftheCommitteehasanypersonalfinancialinterestinthemattersbeing
decided,otherthanasashareholder,noranyday-to-dayinvolvementinrunningthebusinessofTesco.
54 Tesco PLC Annual Report and Financial Statements 2014
Directors’ remuneration report continued
Annual remuneration report