013 / Compensation of Executive Board members for the financial year 2017 in accordance with gas 17 in EUR thousand

 

Thomas Ebeling
Group CEO
until Feb. 22, 2018

Dr. Jan Kemper
Group CFO
since Jun. 1, 2017

Conrad Albert
Vice chairman of the
Executive Board,
Group General Counsel
since Oct. 1, 2011

Sabine Eckhardt
CCO Entertainment
since Jan. 1, 2017

Jan David Frouman
Executive Board member
for Content Production &
Global Sales, Chairman &
CEO Red Arrow Studios
since Mar. 1, 2016

 

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

1

Includes lease payments for use of company car and insurance premiums (excluding D&O). Dr. Gunnar Wiedenfels’ fringe benefits include additional benefits for chauffeur services. Thomas Ebeling’s fringe benefits include additional benefits for chauffeur services and flights home. In Dr. Jan Kemper’s case, they include additional benefits for the maintenance of two households.

2

To settle incentives for work performed before joining the Executive Board, Christof Wahl was allocated a one-off additional amount of 24,000 performance share units in the financial year 2016.

3

Dr. Jan Kemper receives a compensation payment for forfeited entitlements from the stock option program of his previous employer.

4

Defined benefit obligation (DBO) as of December 31 of the reporting year. Pension obligations for Dr. Christian Wegner are related to the financial years 2016 and 2017 in accordance with the termination agreement.

5

In accordance with the termination agreement from his previous executive contract, Christof Wahl was granted EUR 100,000 in financial year 2016, which was deducted from his fixed remuneration.

6

Dr. Gunnar Wiedenfels left the Executive Board effective March 31, 2017; his employment contract ended effective March 31, 2017. The fixed and annual variable compensation shown relates to January to March 2017; the pension obligations relate to the entire 2017 financial year. Since the three-year waiting period for the contractual vesting was not reached, the pension agreement provides only for entitlements that Dr. Gunnar Wiedenfels obtained from deferred compensation.

7

Dr. Ralf Schremper left the Executive Board effective July 31, 2017; his employment contract ended effective July 31, 2017. The fixed compensation shown relates to January to July 2017; the pension obligations relate to the entire 2017 financial year. Dr. Ralf Schremper’s entitlement to the annual variable compensation (performance bonus) for financial year 2017 was satisfied in full with the severance payment.

Fixed compensation

1,000.0

1,000.0

379.2

–

725.0

725.0

510.0

–

555.0

462.5

Fringe benefits1

120.2

97.1

29.7

–

9.8

10.0

8.7

–

9.7

8.1

Total fixed compensation

1,120.2

1,097.1

408.9

–

734.8

735.0

518.7

–

564.7

470.6

Annual variable compensation

832.0

1,490.0

341.3

–

396.8

500.0

331.9

–

162.5

300.6

Multi-year variable compensation

 

 

 

 

 

 

 

 

 

 

Group Share Plan (2016 – 2019)2

–

1,000.0

–

–

–

800.0

–

–

–

800.0

Group Share Plan (2017 – 2020)

–

–

800.0

–

800.0

–

800.0

–

800.0

–

Other3

–

–

2,000.0

–

–

–

–

–

–

–

Total variable compensation

832.0

2,490.0

3,141.3

–

1,196.8

1,300.0

1,131.9

–

962.5

1,100.6

Total compensation

1,952.2

3,587.1

3,550.2

–

1,931.6

2,035.0

1,650.6

–

1,527.2

1,571.2

Increase of pension obligation (DBO)

503.3

537.5

59.1

–

493.5

547.9

85.0

–

291.7

119.0

thereof entitlements from deferred compensation

253.7

277.3

–

–

352.3

306.6

–

–

194.0

44.2

Amount of pension obligation (DBO)4

9,875.2

9,371.9

59.1

–

1,609.8

1,116.3

85.0

–

410.7

119.0

thereof entitlements from deferred compensation

7,984.9

7,731.2

–

–

814.4

462.2

–

–

238.2

44.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Christof Wahl5
COO Entertainment
since May 1, 2016

Dr. Gunnar
Wiedenfels6
Group CFO
until Mar. 31, 2017

Dr. Ralf Schremper7
Chief Investment
Officer – CIO
until Jul. 31, 2017

Dr. Christian Wegner
Executive Board
member for Digital
Ventures & Commerce
until Dec. 31, 2016

Total

 

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

Fixed compensation

510.0

340.0

127.5

510.0

297.5

510.0

–

700.0

4,104.2

4,247.5

Fringe benefits1

8.0

0.3

4.2

15.7

7.1

12.2

–

15.4

197.4

158.8

Total fixed compensation

518.0

340.3

131.7

525.7

304.6

522.2

–

715.4

4,301.6

4,406.3

Annual variable compensation

322.4

253.5

81.3

490.8

0.0

529.8

–

623.0

2,468.2

4,187.7

Multi-year variable compensation

 

 

 

 

 

 

 

 

 

 

Group Share Plan (2016 – 2019)2

–

1,615.0

–

800.0

–

800.0

–

800.0

–

6,615.0

Group Share Plan (2017 – 2020)

800.0

–

–

–

–

–

–

–

4,000.0

–

Other3

–

–

–

–

–

–

–

–

2,000.0

–

Total variable compensation

1,122.4

1,868.5

81.3

1,290.8

0.0

1,329.8

–

1,423.0

8,468.2

10,802.7

Total compensation

1,640.4

2,208.8

213.0

1,816.5

304.6

1,852.0

–

2,138.4

12,769.7

15,209.0

Increase of pension obligation (DBO)

94.2

57.5

–139.2

387.5

187.2

95.1

–

404.1

1,574.8

2,148.6

thereof entitlements from deferred compensation

–

–

5.3

296.8

–

–

–

54.2

805.3

979.1

Amount of pension obligation (DBO)4

151.7

57.5

328.1

467.3

340.6

153.4

–

1,332.6

12,860.3

12,618.1

thereof entitlements from deferred compensation

–

–

328.1

322.8

–

–

–

533.2

9,365.6

9,093.5