All Board Directors are elected at the AGM and the remuneration is recommended by the Nomination Committee and conditional upon approval at the AGM.
The Group does not operate any form of Directors’ retirement benefits or pension scheme, and thus no contributions are made in respect of any Director. All Directors have rolling service contracts without notice periods. The auditors are required to report on the information contained in the following two sections of this report on Directors’ Remuneration.
Total emoluments (audited)
All information concerning emoluments and interests of the Directors is presented on the basis of continuity from the date of their appointment to the Board of Directors of the Kindred Group. Total emoluments of the Board of Directors and Executive Committee who served during the year are set out below.
The closing price of the Company’s SDRs at 30 December 2016 was SEK 85.55, and it ranged from SEK 73.20 to SEK 107.90 during 2016.
|Anders Ström, Chairman||160.0||140.0||300.0||268.4
|Henrik Tjärnström, CEO||798.0||-||798.0||663.8|
|Other executive management||1,324.4||-||1,324.4||1,448.1|
Directors’ interests (audited)
The Directors’ and Executive managements’ beneficial interests in the shares/SDRs of Kindred Group plc as at 31 December 2016 are set out below:
|Ordinary shares/ SDRs at 31 December 2016||Ordinary shares/ SDRs at 31 December 2015||Performance Share Rights at 31 December 2016||Performance Share Rights at 31 December 2015||Share options at 31 December 2015|
|Anders Ström, Chairman||10,266,200||11,760,000||-||-||-|
|Henrik Tjärnström, CEO||1,325,867||1,307,152||151,160||14,335||-|
|Other executive management||52,651||21,600||526,726||26,618||6,781|