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29. Directors’ and executive officers’ remuneration (continued)
Cash Non-cash
Basic
salary/
Directors’
fee*
HK$’000
Bonus
HK$’000
Allowances
& benefits
HK$’000
Contributions
to retirement
schemes
HK$’000
Bonus
paid into
retirement
schemes
HK$’000
Other
benefits
HK$’000
Housing
benefits
HK$’000
2011
Total
HK$’000
2010
Total
HK$’000
Independent Non-
Executive Directors
Irene Lee
(from January 2010)
813
*
– – – – – – 813 677
Jack So
815
*
– – – – – – 815 700
Tung Chee Chen
633
*
– – – – – – 633 550
Peter Wong
755
*
– – – – – – 755 650
2011 Total
17,569 12,706 5,569 3,254 2,766 147 4,212 46,223
2010 Total
17,724 6,938 4,085 4,616 1,931
–
6,452 41,746
For Directors employed by the Swire group, the remuneration disclosed represents the amount charged to the
Company. Bonus is related to services for 2010 but paid and charged to the Company in 2011.
(b) Executive officers’ remuneration disclosed as recommended by the Listing Rules is as follows:
Cash Non-cash
Basic
salary
HK$’000
Bonus
HK$’000
Allowances
& benefits
HK$’000
Contributions
to retirement
schemes
HK$’000
Bonus
paid into
retirement
schemes
HK$’000
Other
benefits
HK$’000
Housing
benefits
HK$’000
2011
Total
HK$’000
2010
Total
HK$’000
W.E. James Barrington
(up to June 2010)
– – – – – – – –3,443
William Chau
1,826 1,540 481 270 – – – 4,117 4,027
Quince Chong
1,765 1,482 500 176 – – – 3,923 3,828
Ivan Chu
(up to March 2011)
427 101 126 61 – – – 715 3,960
Philippe de Gentile-
Williams (from July 2011)
558 – 81 161 – 35 871 1,706 –
Christopher Gibbs
2,083 1,756 725 350 – – – 4,914 4,783
Richard Hall
(from August 2010)
1,823 1,294 3,097 – – – – 6,214 2,202
Rupert Hogg
1,800 1,158 1,160 518 694 143 2,853 8,326 6,565
Edward Nicol
(up to October 2010)
– – – – – – –
–5,424
Nick Rhodes
1,880 1,326 122 541 832 218 2,981 7,900 6,762
Tomasz Smaczny
(from August 2010)
1,869 1,285 599 93 – – – 3,846 1,201
2011 Total
14,031 9,942 6,891 2,170 1,526 396 6,705 41,661
2010 Total
14,143 9,703 6,698 3,155 1,402 – 7,094 42,195
Bonus related to services for 2010 was paid in 2011.
Notes to the Accounts DIRECTORS AND EMPLOYEES
Cathay Pacific Airways Limited Annual Report 2011 81