Executive and Director Remuneration
The actual remuneration paid to Executives during the current and previous financial years is set out below. IAG discloses actual remuneration voluntarily for increased transparency. Actual remuneration includes fixed pay, other benefits and leave accruals, termination payments and cash STI paid, as well as any deferred STI or LTI that vested in the relevant financial year. For remuneration details provided in accordance with the Accounting Standards, refer to section G of the 2016 remuneration report, starting on page 27 of the 2016 annual report.
| EXECUTIVES | FIXED PAY | OTHER BENEFITS AND LEAVE ACCRUALS | TERMINATION PAYMENTS | CASH STI | DEFERRED STI VESTED | LTI VESTED | TOTAL ACTUAL REMUNERATION EARNED |
|---|---|---|---|---|---|---|---|
|
2016 2015 |
$000 | $000 | $000 | $000 | $000 | $000 | $000 |
| Peter Harmer |
1,460 1,012 |
70 (23) |
— — |
905 473 |
311 432 |
1,428 2,152 |
4,174 4,046 |
| Julie Batch |
343 |
34 |
— |
153 |
— |
— |
530 |
| Chris Bertuch |
400 |
33 |
— |
138 |
— |
— |
571 |
| Ben Bessell |
686 123 |
31 (7) |
— — |
271 65 |
83 — |
161 — |
1,232 181 |
| Duncan Brain |
934 921 |
261 263 |
— — |
532 469 |
154 210 |
273 429 |
2,154 2,292 |
| David Harrington |
346 |
33 |
— |
160 |
— |
— |
539 |
| Nick Hawkins |
1,026 1,012 |
(48) 56 |
— — |
593 603 |
318 463 |
1,428 2,198 |
3,317 4,332 |
| Jacki Johnson |
1,053 1,096 |
92 (43) |
— — |
585 418 |
252 398 |
1,286 1,949 |
3,268 3,818 |
| Anthony Justice |
372 |
(6) |
— |
156 |
— |
— |
522 |
| Mark Milliner |
181 |
20 |
— |
— |
— |
— |
201 |
| Craig Olsen |
330 |
36 |
— |
124 |
— |
— |
490 |
| Claire Rawlins |
341 |
32 |
— |
152 |
— |
— |
525 |
| Clayton Whipp |
784 755 |
64 64 |
— — |
415 341 |
117 211 |
243 367 |
1,623 1,738 |
| EXECUTIVES WHO CEASED AS KEY MANAGEMENT PERSONNEL | |||||||
| Michael Wilkins |
808 2,112 |
(46) 232 |
1,060 — |
1,197 1,314 |
792 1,232 |
3,580 5,514 |
7,391 10,404 |
| Andy Cornish |
875 1,052 |
49 93 |
1,086 — |
887 602 |
256 469 |
1,486 2,290 |
4,639 4,506 |
| Alex Harrison |
145 849 |
(6) 51 |
782 — |
— 611 |
128 192 |
260 397 |
1,309 2,100 |
| Leona Murphy |
466 910 |
52 38 |
808 — |
410 505 |
261 411 |
1,286 1,981 |
3,283 3,845 |
| SHORT TERM EMPLOYMENT BENEFITS | POST EMPLOYMENT BENEFITS | TOTAL | ||
|---|---|---|---|---|
| INDEPENDENT NON-EXECUTIVE DIRECTORS | IAG BOARD FEES RECEIVED AS CASH | OTHER BOARDS AND COMMITTEE FEES | SUPERANNUATION | |
|
2016 2015 |
$000 | $000 | $000 | $000 |
| Elizabeth Bryan |
276 99 |
111 6 |
19 10 |
406 115 |
| Alison Deans |
172 173 |
28 37 |
19 19 |
219 229 |
| Hugh Fletcher |
172 172 |
184 177 |
21 20 |
377 369 |
| Raymond Lim |
172 172 |
23 19 |
19 18 |
214 209 |
| Jonathan Nicholson | 145 | 36 | 14 | 195 |
| Thomas Pockett |
177 86 |
78 — |
19 8 |
274 94 |
| Philip Twyman |
177 177 |
82 80 |
19 19 |
278 276 |
| NON‑EXECUTIVE DIRECTORS WHO CEASED AS KEY MANAGEMENT PERSONNEL | ||||
| Brian Schwartz |
424 568 |
169 226 |
14 19 |
607 813 |
| Yasmin Allen |
44 178 |
16 84 |
5 19 |
65 281 |