ING Direct 2009 Annual Report Download - page 88

REMUNERATION SUPERVISORY BOARD
Remuneration
The annual remuneration of the Supervisory Board members
amounts to: chairman EUR 75,000, vice-chairman EUR 65,000,
other members EUR 45,000. In addition to the remuneration each
member receives an expense allowance. For the chairman and
vice-chairman the annual amount is EUR 6,810. For the other
members the amount is EUR 2,270.
The remuneration for the membership of committees is as follows:
chairman of the Audit Committee EUR 8,000, members of the
Audit Committee EUR 6,000, chairmen of other Supervisory Board
committees EUR 7,500 and members of other Supervisory Board
committees EUR 5,000. In addition to the fixed remuneration,
committee members receive a fee for each meeting they attend.
For the Audit Committee chairman this fee is EUR 2,000 per
Compensation of the members of the Supervisory Board
amounts in thousands of euros 2009 2008 2007
Peter Elverding (1) 79 68 20 (1) Peter Elverding is a member of the Supervisory Board as of
August 2007. The compensation figure for 2007 reflects the
partial year as member of the Supervisory Board. Peter Elverding
has been chairman of the Supervisory Board since April 2009.
(2) Jeroen van der Veer is a member of the Supervisory Board as of
July 2009. The compensation figure for 2009 reflects the partial
year as member of the Supervisory Board. Jeroen van der Veer
has been vice-chairman of the Supervisory Board since
October 2009.
(3) Tineke Bahlmann is a member of the Supervisory Board as of
April 2009. The compensation figure for 2009 reflects the
partial year as member of the Supervisory Board.
(4) Henk Breukink is a member of the Supervisory Board as of April
2007. The compensation figure for 2007 reflects the partial year
as member of the Supervisory Board.
(5) Piet Hoogendoorn is a member of the Supervisory Board as of
June 2007. The compensation figure for 2007 reflects the partial
year as member of the Supervisory Board.
(6) Harish Manwani, Aman Mehta, Joan Spero and Jackson Tai
are members of the Supervisory Board as of April 2008. The
compensation figures for 2008 reflect the partial year as
members of the Supervisory Board.
(7) Lodewijk de Waal is a member of the Supervisory Board
as of April 2009. He has been acting as an observer on the
Supervisory Board as of November 2008. The compensation
figure for 2009 reflects the partial year as member of the
Supervisory Board. Up to the appointment date Lodewijk de
Waal has received remuneration, expense allowances and
attendance fees in line with the Remuneration policy of the
Supervisory Board.
(8)
Jan Hommen was a member of the Supervisory Board as of June
2005 and chairman as of January 2008. He stepped down from
the Supervisory Board as of April 2009. The compensation figure
for 2009 reflects the partial year as member of the Supervisory
Board.
(9) Eric Bourdais de Charbonnière retired in April 2009. He was
vice-chairman as of February 2005. The compensation figure for
2009 reflects the partial year as member of the Supervisory
Board.
(10) Wim Kok retired in April 2009. The compensation figure for
2009 reflects the partial year as member of the Supervisory
Board.
Jeroen van der Veer (2) 35
Tineke Bahlmann (3) 46
Henk Breukink (4) 61 61 35
Claus Dieter Hoffmann 78 67 62
Piet Hoogendoorn (5) 64 70 28
Piet Klaver 65 62 47
Godfried van der Lugt 67 70 62
Harish Manwani (6) 69 51
Aman Mehta (6) 113 62
Joan Spero (6) 105 55
Jackson Tai (6) 152 89
Karel Vuursteen 61 62 56
Lodewijk de Waal (7) 50
Jan Hommen (8) 27 89 67
Eric Bourdais de Charbonnière (9) 30 89 72
Wim Kok (10) 26 75 62
Compensation of former members of the Supervisory Board who
are not included in the above table amounted to nil in 2009,
EUR 16 thousand in 2008, and to EUR 162 thousand in 2007.
Remuneration report (continued)
meeting and for its members EUR 1,500. For the chairman and
members of other committees the attendance fee amounts to
EUR 450 per meeting. The remuneration and the attendance
fee for the membership of a committee are not applicable to the
chairman and vice-chairman of the Supervisory Board if they are
on one of the committees.
Supervisory Board members receive an additional fee of EUR 2,000
per attended Supervisory Board or Committee meeting in the event
the meeting is held outside the country of residence of the
Supervisory Board member, or an additional amount of EUR 7,500
per attended Supervisory Board or Committee meeting if
intercontinental travel is required for attending the meeting.
The table below shows the remuneration, expense allowances
and attendance fees per Supervisory Board member for 2009
and previous years.
1.3 Our governance
ING Group Annual Report 2009
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