Directors’ emoluments

The following table shows the directors’ emoluments for the year ended 31 March 2011.

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Salary
and fees
£000

Pension
and other
allowances1
£000

Benefits2
£000

Annual
bonus
– cash
£000

Annual
bonus
– deferred3
£000

Total year to 31 March 2011
£000

Total year to 31 March 2010
£000

1

Other allowances include car allowance which in the case of Javed Ahmed is £15,000, with a further £96,043 representing payments in lieu of dividends on an award of shares as disclosed in the Share awards table.

2

Benefits for the executive directors include health insurance.

3

Deferred into Tate & Lyle PLC shares for two years and subject to service conditions.

4

William Camp was appointed to the Board with effect from 1 May 2010.

5

Richard Delbridge ceased to be a director on 22 July 2010.

6

Under the agreements signed at the time that Iain Ferguson stood down as Chief Executive and a director (referred to in the annual report 2010), he will be entitled to receive an amount during the year ending 31 March 2012 relating to PSP shares foregone for the period 1 January 2010 to 31 May 2010, part of which will relate to the year ended 31 March 2011. The final amount will be set out in the annual report 2012. The final amount will depend on the share price on the date of release, likely in June 2011. On the basis of the current share price, the amount would be in the region of £150,000–£160,000.

Chairman

 

 

 

 

 

 

 

Sir Peter Gershon

275

15

290

231

 

 

 

 

 

 

 

 

Executive directors

 

 

 

 

 

 

 

Javed Ahmed

675

347

4

1 013

2 039

977

Tim Lodge

383

13

1

383

286

1 066

742

 

 

 

 

 

 

 

 

Non–executive directors

 

 

 

 

 

 

 

Liz Airey

65

65

63

William Camp4

45

45

Evert Henkes

59

59

58

Douglas Hurt

49

49

3

Robert Walker

54

54

48

Dr Barry Zoumas

71

71

69

 

 

 

 

 

 

 

 

Former directors

 

 

 

 

 

 

 

Richard Delbridge5

17

17

55

Directors who retired before 31 March 20106

1 379

Total

1 693

375

5

1 396

286

3 755

3 625