Remuneration of the Management Board in financial year 2020/211

 

 

 

 

 

Long-term variable remuneration

 

 

€1,000

Financial year

Fixed salary

Supplemental benefits

Short-term variable remuneration8

Value of the granted tranche9

(Payout from tranches granted in the past)

Total10

(Effective remuneration11)

Dr Steffen Greubel2

2019/20

–

–

–

–

–

–

–

2020/21

458

9

700

–

–

1,167

(1,167)

Christian Baier

2019/20

700

17

950

881

(0)

2,548

(1,667)

2020/21

800

13

1,200

858

(162)

2,871

(2,175)

Andrea Euenheim3

2019/20

458

134

0

653

(0)

1,245

(592)

2020/21

656

22

822

589

(0)

2,089

(1,500)

Rafael Gasset4

2019/20

360

110

0

870

(0)

1,340

(470)

2020/21

720

220

1,060

762

(0)

2,762

(2,000)

Eric Poirier4

2019/20

360

116

0

870

(0)

1,346

(476)

2020/21

720

278

1,060

762

(0)

2,820

(2,058)

 

 

 

 

 

 

 

 

 

Olaf Koch5

2019/20

1,200

14

950

1,828

(0)

3,992

(2,164)

2020/21

300

7

560

–

(335)

867

(1,202)

Heiko Hutmacher6

2019/20

225

1

–

–

(0)

226

(226)

2020/21

–

–

–

–

(251)

0

(251)

Total7

2019/20

3,303

392

1,900

5,102

(0)

10,697

(5,595)

2020/21

3,654

549

5,402

2,971

(748)

12,576

(10,353)

1

Disclosures pursuant to § 285 Sentence 1 No. 9a and § 314 Section 1 No. 6a of the German Commercial Code (HGB) (excluding provisions for post-employment benefits plans).

2

Employment contract with the company since 1 May 2021.

3

Employment contract with the company since 1 November 2019.

4

Employment contract with the company since 1 April 2020. The employer contribution to establish a pension scheme, the use of which can be determined individually, is reported as a supplemental benefit.

5

Employment contract with the company until 31 December 2020.

6

Employment contract with the company until 31 December 2019.

7

Reported figures for financial year 2019/20 are shown for the members of the Management Board who received remuneration in financial year 2020/21. The remuneration for the members of the Management Board in financial year 2019/20 totalled €11.510 million (cf. 2019/20 Annual Report).

8

For Olaf Koch and Christian 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.

9

The fair value of the long-term variable remuneration is shown.

10

Total of the columns fixed salary, supplemental benefits, short-term variable remuneration and value of the granted tranche of the long-term variable remuneration.

11

Total of the columns fixed salary, supplemental benefits, short-term variable remuneration and payout from tranches granted in the past of the long-term variable remuneration.