Section image

Twin Jackpots

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Executive directors' emoluments

The value of salary and fees, benefits, annual incentives paid both in cash (STIP) and shares (ESAs) and pension contributions for the year ending 31 December 2009 are set out in the table below. The table also shows comparative numbers for 2008. In the case of STIP and ESAs, the figures shown are the value of the awards in respect of the year in question but received in the following year. Benefits include such items as healthcare, life assurance, spouse travel and allowances for cars and housing. Both Sir Martin Sorrell and Paul Richardson currently receive part of their remuneration in pounds sterling and part in US dollars. Any US dollar amounts received in 2009 have been converted into sterling at $1.5667 to £1 ($1.8524 for 2008). No compensation payments for loss of office have been made during 2009 to any individuals who have been directors of the Company.

   

Salary and fees
 

Other benefits
Short-term
incentive plans
(annual bonus)
 

Value of ESAs
Total annual
remuneration
Pension
contributions
  2009
£000
2008
£000
2009
£000
2008
£000
2009
£000
2008
£000
2009
£000
2008
£000
2009
£000
2008
£000
2009
£000
2008
£000
Executive directors                        
Sir Martin Sorrell1,2 1,007 1,033 345 110 406 1,250 546 753 2,304 3,146 401 398
Paul Richardson 630 563 101 89 290 440 389 550 1,410 1,642 189 158
Mark Read 325 275 1 1 117 172 157 230 600 678 33 28
Total remuneration 1,962 1,871 447 200 813 1,862 1,092 1,533 4,314 5,466 623 584
1
During 2009 an amount of £8,323 was paid in respect of tax liabilities on expenditure on various items considered by the UK Tax authorities as benefits in kind but which the committee consider to be essential to his ability to deliver his services successfully to the Group (£7,000 in 2008).
2
Payments of amounts equal to the dividends that would be payable (totalling £856,687) were made to Sir Martin Sorrell during 2009 (£859,981 during 2008) in respect of the shares reflected in the UK and US Deferred Stock Units Awards Agreements (which are the agreements that now comprise the awards granted under the Capital Investment Plan in 1995).

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