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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.

Non-executive directors' remuneration

The fee structure used to compensate the non-executive directors (NEDs) is as follows:

  • Chairman’s fee: £300,000
  • Fee for Board membership: £60,000
  • Additional fee for committee membership: £5,000
  • Additional fee for chairmanship of compensation and nomination committees: £10,000
  • Additional fee for chairmanship of audit committee: £20,000
  • Additional fee for senior independent director: £10,000

The fees paid to NEDs are normally reviewed every two years and any changes are approved by the Board. Other than the increase in fees paid to the chairman of the audit committee, the current fee levels have been effective since 1 January 2007. However, in light of the current conditions, it was determined that the existing structure should remain in place for 2009. NEDs receive no payments or benefits other than the fees detailed in the table below.

The table below shows actual fees paid for the year 2009. Pursuant to the reorganisation completed in November 2008, all of the NEDs signed new letters of engagement with WPP plc. The notice period for all NEDs is two months.

 Director Date of
original
contract
Expiry of
current
contract
Remaining period
until re-election to
the Board1
Committee membership Fee for
2009
£000
Fee for
2008
£000
P Lader 26.02.01 05.10.11 1 year Chairman of the Company, chairman of Nomination Committee and member of Compensation Committee 315 315
C Day 25.07.05 05.10.11 3 years Member of Audit Committee 65 65
E Dyson 29.06.99 05.10.11 1 year Member of Compensation Committee and member of Nomination Committee 70 66
O Gadiesh 28.04.04 05.10.11 2 years Member of Nomination Committee from 12 February 2009 65 60
D Komansky 28.01.03 n/a n/a Member of Nomination Committee until he retired on 6 February 2009 65
S W Morten 02.12.91 05.10.11 1 year Senior independent director and member of Audit Committee until 12 February 2009 71 75
K Naganuma2 23.01.04 05.10.11 2 years  
L Olayan3 18.03.05 05.10.11 3 years Member of Nomination Committee
J A Quelch4 10.07.91 05.10.11 1 year   85 80
J Rosen 20.12.04 05.10.11 3 years Chairman of Compensation Committee and member of Audit Committee 75 75
T Shriver 06.08.07 05.10.11 2 years Member of Audit Committee from 12 February 2009 65 60
P Spencer 28.04.04 05.10.11 2 years Chairman of Audit Committee 80 70
1
Displays the unexpired term as at 30 June 2009 (being just after the 2009 Annual General Meeting).
2
Received no fees in 2008 and 2009.
3
Waived fees in 2008 and 2009.
4
Fee includes £24,515 (£20,415 in 2008) for consulting services.

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