II. Key management personnel covered in this report
This report sets out the remuneration details of IAG's KMP as listed below:
NAME
POSITION
TERM AS KMP
Executives
Michael Wilkins
Managing Director and Chief Executive Officer
Full year
Ben Bessell
(a)
Acting Chief Executive, Commercial Insurance
Part year
Duncan Brain
Chief Executive, Asia
Full year
Andy Cornish
Chief Executive, Personal Insurance
Full year
Peter Harmer
(b)
Chief Executive, IAG Labs
Full year
Alex Harrison
(c)
Chief Executive, Enterprise Operations
Full year
Nicholas Hawkins
Chief Financial Officer
Full year
Jacki Johnson
Chief Executive, New Zealand
Full year
Leona Murphy
(d)
Chief Strategy Officer
Full year
Clayton Whipp
(e)
Chief Risk Officer
Full year
Executives who ceased as key management personnel
Justin Breheny
(f)
Chief Risk Officer
Part year
Non-Executive Directors
Brian Schwartz
Chairman, Independent Non-Executive Director
Full year
Elizabeth Bryan
(g)
Deputy Chairman, Independent Non-Executive Director
Part year
Yasmin Allen
Independent Non-Executive Director
Full year
Alison Deans
Independent Non-Executive Director
Full year
Hugh Fletcher
Independent Non-Executive Director
Full year
Raymond Lim
Independent Non-Executive Director
Full year
Tom Pockett
(h)
Independent Non-Executive Director
Part year
Philip Twyman
Independent Non-Executive Director
Full year
Non-Executive Directors who ceased as key management personnel
Peter Bush
(i)
Independent Non-Executive Director
Part year
Dr Nora Scheinkestel
(j)
Independent Non-Executive Director
Part year
(a)
Ben Bessell commenced as a KMP on 31 March 2015 in the role of acting Chief Executive, Commercial Insurance.
(b)
From 1 July 2014, Peter Harmer held the role of Chief Executive, Commercial Insurance. Effective 1 April 2015, he commenced in the role of Chief
Digital Officer and has subsequently been appointed Chief Executive, IAG Labs (effective 31 July 2015).
(c)
Alex Harrison commenced as a KMP on 1 July 2014 in the role of Chief Executive, Enterprise Operations. Alex Harrison will cease as a KMP on 31
August 2015.
(d)
From 1 July 2014, Leona Murphy held the role of Chief Transformation Officer. Effective 31 March 2015, she resumed the role of Chief Strategy
Officer.
(e)
Clayton Whipp commenced as a KMP on 1 July 2014 in the role of acting Chief Strategy Officer. He was subsequently appointed Chief Risk Officer
on 31 March 2015.
(f)
Effective 31 March 2015, Justin Breheny retired from the role of Chief Risk Officer and ceased as a KMP.
(g)
Elizabeth Bryan commenced as an Independent Non-Executive Director on 5 December 2014.
(h)
Tom Pockett commenced as an Independent Non-Executive Director on 1 January 2015.
(i)
Peter Bush ceased as an Independent Non-Executive Director on 1 January 2015.
(j)
Dr Nora Scheinkestel ceased as an Independent Non-Executive Director on 16 September 2014.
18 IAG ANNUAL REPORT 2015
