Management board remuneration 2011

 

Non-performance related

Performance-related

Total

Fixed salary

Other remuneration

Variable

 

Dr.-Ing. E. h. Frank Asbeck
Chief Executive Officer

270,000.00

10,843.32

(company car private use)

 

720,000.00*

1,000,843.32

  

165,862.88

(CEO remuneration Solarparc AG incl. fixed portion: 120,000.00; variable portion: 31,808.84; company car private use: 14,054.04)

890.41

(Deutsche Solar AG Supervisory Board compensation until January 13, 2011 incl. meeting attendance fee of 0.00)

534.25

(Sunicon AG Supervisory Board compensation until January 13, 2011 incl. meeting attendance fee of 0.00)

1,322.00

(SolarWorld Innovations GmbH inventor's fees)

 

168,609.54

Prior Year

280,843.32

 

810,000.00

(1,090,843.32)

1,007,621.00

Cap on Management Board remuneration pursuant to AGM resolution on May 20, 2009

31,000.00

(Deutsche Solar AG Supervisory Board compensation, incl. meeting attendance fee of 6,000.00)

18,200.00

(Sunicon AG Supervisory Board compensation, incl. meeting attendance fee of 3,200.00)

2,158.00

(Inventor's fee)

 

51,358.00

 

Boris Klebensberger
Chief Operating Officer

285,770.98

25,159.20

(company car private use)

50,000.00

(Cost assumption U.S. tax law issues)

2,916.00

(Grants towards health insurance)

1,219.00

(SolarWorld Innovations GmbH inventor's fees)

290,500.00*/**

655,565.18

Prior Year

276,902.43

2,823.68

Grants towards health insurance)

0.00

(Inventor's fee)

665,000.00

944,726.11

 

Philipp Koecke
Chief Financial Officer

162,232.00

19,437.98

(company car private use)

3,080.40

(Grants towards health insurance)

144,000.00*

328,750.38

Prior Year

189,033.99

3,079.08

(Grants towards health insurance)

304,000.00

496,113.07

 

Frank Henn
Chief Sales Officer

186,751.88

11,905.20

(company car private use)

3,686.52

(Grants towards health insurance)

144,000.00*

346,343.60

Prior Year

188,750.72

3,588.72

(Grants towards health insurance)

304,000.00*

496,339.44

 

Colette Rückert-Hennen
(from 07/11)
Chief Human Resources and Brand Officer

120,000.00

4,119.24

(company car private use)

1,723.86

(Grants towards health insurance)

27,000.00*/**

152,843.10

Prior Year

n/a

n/a

n/a

n/a

Total

1,096,219.80

231,235.32

1,325,500.00*

2,652,955.12

Prior year

935,530.46

60,849.48

2,083,000.00

2,996,157.62

* Based on resolution on Profit Appropriation Proposal AGM 2012

** This value shows the entire bonus accrued (100 percent), of which only 75 percent is paid out initially - as explained above.

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