Qantas 2006 Annual Report Download - page 53

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Qantas Annual Report 2006
Directors’ Report
for the year ended 30 June 2006
QUALIFICATIONS AND EXPERIENCE OF EACH PERSON WHO IS A COMPANY SECRETARY OF THE COMPANY
Brett Johnson – General Counsel & Company Secretary, Bachelor of Laws (Syd), FAICD.
• joined Qantas in July 1995 just prior to the listing on the ASX;
• responsible for developing and implementing the Corporate Governance structure to ensure compliance with the Corporations Act, Listing Rules and Trade
Practices Act;
• responsible for the management of all the legal and public company issues arising within the Qantas Group;
• Independent Non-Executive Director of Scott Corporation Limited (formerly Heggies Bulkhaul Limited) since 10 March 2005;
• Member of the ASX Listing Appeals Committee;
• admitted as a Solicitor of Supreme Court of New South Wales in 1982;
• 1989 to 1995 – General Counsel & Company Secretary, Memtec Limited; and
• 24 years legal experience working in Australia and overseas.
Cassandra Hamlin – Assistant Company Secretary, Bachelor of Commerce, CA.
• joined Qantas in January 1996;
• responsible for the day-to-day management of all public company issues arising within the Qantas Group;
• 1996 to 2001 – various Qantas financial reporting roles, including Financial Reporting Manager;
• 2001 to 2005 – Head of Qantas Investor Relations; and
• admitted as a Chartered Accountant with The Institute of Chartered Accountants in Australia in 1997.
Janine Rolfe resigned as Assistant Company Secretary on 3 March 2006.
DIRECTORS’ INTERESTS AND BENEFITS
Particulars of Directors’ interests in the issued capital of Qantas at the date of this Report are as follow:
Shares
Director
2006
Number
2005
Number
Margaret Jackson 122,997 122,997
Geoff Dixon 846,0171 394,974
Peter Gregg 405,0292 151,730
Paul Anderson 25,000 25,000
Mike Codd 12,990 12,236
Peter Cosgrove 2,057 –
Patricia Cross 2,163 2,163
Garry Hounsell 32,756 30,854
James Packer 51,444 –
John Schubert 34,753 34,753
James Strong 27,280 n/a
1 Includes the 277,777 shares (250,000 Deferred Shares and 27,777 Rights) released from restriction on 3 January 2006 under the 2002 Executive Director Long-Term Incentive
Plan. Also includes the 1,255,005 QLTEIP Entitlements converted into 173,266 shares on 15 February 2006.
2 Includes the 166,666 shares (150,000 Deferred Shares and 16,666 Rights) released from restriction on 21 August 2006 under the 2002 Executive Director Long-Term Incentive
Plan. Also includes the 627,503 QLTEIP Entitlements converted into 86,633 shares on 15 February 2006.
In addition to the interests shown above, indirect interests in Qantas shares held on behalf of Mr Dixon and Mr Gregg are as follows:
Geoff Dixon Number Number
Deferred Shares held in trust under:
– 2002 Executive Director Long-Term Incentive Plan – 250,0001
– 2004/05 Executive Director Performance Share & Performance Rights Plan 150,000 150,000
– 2005/06 Executive Director Performance Share & Performance Rights Plan 150,000 150,000
– 2006/07 Executive Director Performance Share & Performance Rights Plan (22 August 2006) 142,500 –
442,500 550,000
Rights granted under:
– 2002 Executive Director Long-Term Incentive Plan – 27,7772
– 2003/04 Executive Director Deferred Share & Performance Rights Plan 125,0003 125,000
– 2004/05 Executive Director Performance Share & Performance Rights Plan 450,000 450,000
575,000 602,777
Entitlements awarded under the Qantas Long-Term Executive Incentive Plan 483,6884 1,738,693
1 250,000 Deferred Shares were released from restriction on 3 January 2006.
2 27,777 Rights vested on 3 January 2006.
3 These Rights may vest after 28 August 2006, subject to a testing date of 30 June 2006.
4 1,255,005 Entitlements converted into 173,266 shares on 15 February 2006 (2005: nil converted). 244,995 Entitlements lapsed effective 1 July 2005 (2005: 61,313
Entitlements lapsed effective 1 July 2004).