Experian 2011 Annual Report Download - page 91

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89
Governance Report on directors’ remuneration
Chris Callero has a service agreement, dated 11 June 2009, with ESC which is terminable by 12 months’ notice either from ESC or from Chris
Callero.
Other than as described above, the service contract of each of the executive directors does not provide for any benefits on the termination of
employment.
Experian’s policy on service contracts for new executive directors is to follow the UK Corporate Governance Code guidelines.
UK Corporate Governance Code
The constitution and operation of the Committee are in accordance with the principles of good governance and the UK Corporate
Governance Code published by the UK Financial Reporting Council.
Directors’ interests
The interests of the directors (and their connected persons) in the ordinary shares of the Company are shown below. Share options granted
to directors, awards under the PSP and the contingent interests in matching shares under the Co-investment and Reinvestment Plans are
shown in the relevant tables. The directors have no interests in the debentures of the Group or in any shares or debentures of the Group’s
subsidiaries.
Shares held in
Experian plc at
31 March 2011(1)
Chairman
John Peace 1,697,793
Executive directors
Don Robert (2) 1,047,738
Paul Brooks 278,051
Chris Callero (2) 397,376
Non-executive directors
Fabiola Arredondo 20,000
Roger Davis 60,000
Alan Jebson 42,597
Sir Alan Rudge 22,226
Judith Sprieser 13,590
David Tyler 175,713
Paul Walker 15,000
Notes
1 For regulatory purposes, as at 17 May 2011, there had been no changes in the above interests.
2 The number of Experian shares for Don Robert and Chris Callero reflects 618,142 and 397,376 shares respectively awarded to them under the Experian North America Co-investment Plan in
lieu of annual bonus, as shown in the table which details these plans, in addition to their personal beneficial shareholding. Don Robert and Chris Callero have an unconditional right to receive
these Experian shares at the end of the relevant three-year deferral period. These shares do not carry dividend or voting rights prior to receipt.
On behalf of the Remuneration Committee
Charles Brown
Company Secretary
17 May 2011