Accruals

 

Olaf Koch

Christian Baier

Andrea Euenheim

Rafael Gasset1

 

Chairman of the Management Board
Member of the Management Board
since 2/3/2017

Chief Financial Officer
Member of the Management Board
since 11/11/2016

Chief Human Resources Officer and Labour Director
Member of the Management Board
since 1/11/2019

Chief Operating Officer
(Convenience Cluster)
Member of the Management Board
since 1/4/2020

€1,000

2019/20

2018/19

2019/20

2018/19

2019/20

2018/19

2019/20

2018/19

Fixed salary

1,200

1,200

700

700

458

–

360

–

Supplemental benefits

14

16

17

13

134

–

110

–

Total

1,214

1,216

717

713

592

–

470

–

1-year variable remuneration3

950

757

950

372

0

–

0

–

Multi-year variable remuneration

0

0

0

0

0

–

0

–

Other

0

0

0

0

0

–

0

–

Total

2,164

1,973

1,667

1,085

592

–

470

–

Pension expenditure

325

325

174

174

116

–

–

–

Total remuneration

2,489

2,298

1,841

1,259

708

–

470

–

1

The employer contribution to establish a pension scheme, the use of which can be determined individually, is reported as a supplemental benefit.

2

The tranches of the long-term incentive granted to Mr Palazzi have lapsed. The employer contribution to establish a pension scheme, the use of which can be determined individually, is reported as a supplemental benefit. His appointment as a member of the Management Board ended on 31 March 2020.

3

For Mr Koch and Mr Baier, the short-term variable remuneration includes the special bonuses granted for financial year 2019/20 for the sale of the majority share in METRO China, amounting to €950 thousand for each. No payments were made from the short-term variable remuneration for financial year 2019/20. In accordance with the agreement concluded with Mr Palazzi, the short-term variable remuneration paid to him is based on the semi-annual figures for financial year 2019/20.