Food Lion 2013 Annual Report Download - page 61

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OVERVIEW OF 2013 EXECUTIVE COMMITTEE COMPOSITION
AND TOTAL COMPENSATION PAID
Executive Committee
Name 2012 2013 Current Member of
Executive Committee
Frans Muller N/A Beginning
November 8
Yes
Baron Beckers-
Vieujant
Full year Ending
December 31
No
Pierre Bouchut Beginning 19
March
Full year Yes
Stéfan
Descheemaeker
Full year Ending
October 31
No
Michel Eeckhout Ending
December 31
N/A No
Ron Hodge Ending October
15
N/A No
Nicolas Hollanders Full year Full year No
Kostas Macheras Full year Full year Yes
Maura Smith N/A Beginning
May 2
Yes
Roland Smith Beginning
October 15
Ending
September 4
No
Michael Waller Full year Ending June 30 No
Summary of total compensation paid
The table shown hereunder is based on the actual compensation
payments received by members of the Executive Committee during
2012 and 2013.
(in millions €) Baron
Beckers-
Vieujant
Frans Muller Other
members of
the Executive
Committee(3)
2012 2013 2012 2013 2012 2013
Base Salary(1) 0.97 0.97 N/A 0.21 3.28 2.87
Short-Term Incentive(2) 0.41 0.41 N/A N/A 1.06 0.97
LTI - Performance Cash
Grants(2) (4)
0.85 0.66 N/A N/A 1.41 0.65
Other Short-Term Benefits 0.05 0.09 N/A 0.04 0.25 0.21
Retirement and
Post-Employment Benefits
0.76 0.91 N/A 0.03 1.13 0.49
Total 3.04 3.04 N/A 0.28 7.13 5.19
(1) Amounts are gross before deduction of withholding taxes and social security levy.
(2) Short-term incentive amount is based on the performance of prior year, and for Bel-
gian-based executives, the short-term incentive and LTI performance cash amounts
include the Belgian legal holiday pay on variable compensation.
(3) In 2013, there were 7 members of the Executive Committee, and in 2012 there were
8 members, in both cases excluding the CEOs.
(4) The pay-out in 2012 is based on the 2009-2011 LTI performance cash plan, and the
pay-out in 2013 in based on the 2010-2012 LTI performance cash plan.
Stock options/warrants and performance stock units granted
The following table shows the number of stock options/warrants and performance stock units granted to the CEOs and the different members
of the Executive Committee during the period 2012-2013.
2012 2013
Names Stock
options
Warrants Restricted
stock units
Performance
stock units
Stock
options
Warrants Restricted
stock units
Performance
stock units
Frans Muller N/A 15 731 11 237 N/A 3 979
Baron Beckers-Vieujant 16 000 16 000 12 000 N/A 18 959 29 291 N/A 15 176
Pierre Bouchut 38 072 N/A 26 720 N/A
Pierre Bouchut(1) 93 063
Stéfan Descheemaecker 35 576 N/A 21 711 N/A
Michel Eeckhout 23 176 N/A N/A
Ron Hodge 25 381 5 198 N/A N/A
Nicolas Hollanders 14 238 1 466 N/A 8 689 N/A 1 855
Kostas Macheras 41 299 N/A 19 064 N/A
Maura Smith N/A 21 627 N/A 6 723
Roland Smith 300 000 40 000 N/A N/A
Michael Waller 17 995 3 685 N/A 14 882 N/A 4 626
Total 168 361 359 376 62 349 0203 937 77 037 032 359
(1) On December 24
th
, 2013, Mr. Pierre Bouchut received a grant of 93 063 options under the non-U.S. 2007 stock option plan as a retention award. Those options will vest as of
January 4, 2017.
DELHAIZE GROUP ANNUAL REPORT 2013 REMUNERATION REPORT
59
The following tables summarize the different compensation components for 2012 and 2013 for the CEOs individually and for the other
members of the Executive Committee in the aggregate.
CEOs
Baron Beckers-Vieujant was CEO until November 7, 2013, after which he remained as an employee in an executive role until December 31,
2013. The tables below show the full compensation for both roles (through December 31, 2013).
Mr. Frans Muller entered into a management contract with the Company on October 14, 2013, and was appointed as President and CEO of
Delhaize Group effective November 8, 2013.
Mr. Muller is compensated for his services according to the different components of the compensation as indicated hereunder.