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The following table shows the remuneration owed to all the individuals who held the position of Director during the 2017 financial year, or any part thereof.

 

Values expressed in thousands of euros

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees Non monetary benefits Other remuneration

Total

Giuseppe Recchi

Executive Chairman

01.01.17

31.05.17

31.12.19

376 (1) 10 (2)
36 32 (3) 454
Executive Deputy Chairman

28.09.17

31.12.17

Deputy Chairman

01.06.17

27.09.17

31.12.19 52 (4) 8 (5)     60

(1) This amount includes the fixed remuneration pursuant to article 2389, subsection 3, of the Italian Civil Code received for serving as Executive Chairman (242,000 euros) for the period 1/01 - 4/05/2017, and as pro-tempore Deputy Chairman (64,000 euros) for the period 5/5-31/5/2017, the fixed remuneration pursuant to art. 2389 subsection 3 of the Italian Civil Code, for serving as Deputy Executive Chairman (42,000 euros) and the remuneration pursuant to art. 2389 subsection 1 of the Italian Civil Code for serving as a member of the Board of Directors (28,000 euros), both for the period 28/09 - 31/12/2017;

(2) The amount refers to remuneration pursuant to art. 2389, subsection 1 of the Italian Civil Code for serving as Chairman and Member of the Strategy Committee for the period 28/09 - 31/12/2017;

(3) The amount refers to the remuneration pursuant to art. 2389, subsection 1 of the Italian Civil Code for serving as a Director of Inwit S.p.A. for the period 20/4 - 31/12/2017;

(4) The amount rrefers to the remuneration received as Deputy Chairman (15,000 euros) and member of the Board of Directors (37,000 euros) for the period 1/6 - 27/09/2017;

(5) The amount refers to the remuneration received as a member of the Strategy Committee for the period 1/6 - 27/09/2017 (8,000 euros).

 

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Non-monetary benefits

Total

Amos Genish

CEO

28.09.17

31.12.17

31.12.19

360(1)

1

361

(1) The amount includes remuneration for employment (256,000 euros) for the period in which he served as General Manager 28/09 - 31/12/2017, as well as the remuneration pursuant to article 2389, subsection 3, of the Italian Civil Code (104,000 euros) received for serving as Chief Executive Officer 28/09 - 31/12/2017.

The bonus for the financial year 2017, for objectives achieved in the year itself, was waived by the Chief Executive Officer.

 

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Arnaud Roy de Puyfontaine

Executive Chairman

01.06.17

31.12.17

31.12.19

525 (1)

 

525

Deputy Chairman

01.01.17

31.05.17

31.12.19 65 (2) 26 (3) 91

(1)This amount refers to the remuneration pursuant to article 2389, subsection 3, of the Italian Civil Code received for serving as Executive Chairman for the period 1/06 - 31/12/2017;

(2)The amount refers to the remuneration received as Deputy Chairman for the period 1/1 - 31/5/17 (19,000 euros) and as a member of the Board of Directors for the period 1/1 – 31/05/2017 (46,000 euros);

(3)The amount refers to the remuneration received as a member of the Nomination and Remuneration Committee for the period 1/1 – 04/05/2017 (14,000 euros), member of the Strategy Committee for the period 1/1 – 04/05/2017 (9,000 euros) and Chairman of the Strategy Committee for the period 1/1 – 04/05/2017 (3,000 euros);

The bonus for the financial year 2017, for objectives achieved in the year itself, was waived by the Executive Chairman.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Camilla Antonini

Director

05.05.17

31.12.17

31.12.19 72 (1) 21(2)

93

(1) This amount refers to the remuneration received as a member of the Board of Directors;

(2)  This amount refers to the remuneration received as a member of the Control and Risk Committee for the period 24/7 - 31/12/2017.

 

 

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Franco Bernabè

Director

05.05.17

31.12.17

31.12.19

72 (1)

15 (2) 87

(1) This amount refers to the remuneration received as a member of the Board of Directors;

(2)  This amount refers to the remuneration received as a member of the Strategy Committee for the period 1/6 - 31/12/2017.

 

 

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for involvement in committees

Total

Ferruccio Borsani

Director

05.05.17

31.12.17

31.12.19

72 (1)

 23(2)

95

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Nomination and Remuneration Committee for the period 1/6 - 31/12/2017.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Lucia Calvosa

Director

01.01.17

31.12.17

31.12.19

146 (1)

59(2)

205

(1) This amount refers to the remuneration received as a member of the Board of Directors (110,000 euros) and as liaising director between the Board of Directors and the corporate control departments which report directly to the Board (36,000 euros);


(2) This amount refers to the remuneration received as a member of the Control and Risk Committee for the periods 1/1 – 4/5/2017 and 1/6 – 31/12/2017 (42,000 euros) and as Chair of the Control and Risk Committee for the periods 1/1 – 4/5/2017 and 22/6 – 31/12/2017 (17,000 euros).

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for involvement in committees

Total

Francesca Cornelli

Director

01.01.17

31.12.17

31.12.19

110(1)  42(2)

152

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Control and Risk Committee for the period 1/6 - 31/12/2017.

  

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Frédéric Crépin

Director

05.05.17

31.12.17

31.12.19

 72(1)  43(2)

115

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Control and Risk Committee (8,000 euros), member of the Nomination and Remuneration Committee for the period 1/6 – 31/12/2017 (23,000 euros) and member of the Strategy Committee for the period 24/7 – 31/12/2017 (12,000 euros).

  

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for involvement in committees

Total

Dario Frigerio

Director

05.05.17

31.12.17

31.12.19

72(1)

15(2)

87

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Strategy Committee for the period 1/6 - 31/12/2017.

  

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total


Félicité Herzog

Director

01.01.17

31.12.17

31.12.19

110(1)

42(2)

152

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Control and Risk Committee for the period 1/6 - 31/12/2017.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Anna Kristina Jones

Director

05.05.17

31.12.17

31.12.2019

72(1)

34(2)

106

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount
refers to the remuneration received as a member of the Nomination and Remuneration Committee for the period 1/6 - 31/12/2017 (23,000 euros) and Chair of the Nomination and Remuneration Committee for the period 15/6 - 31/12/2017 (11,000 euros).

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Marella Moretti

Director

05.05.17

31.12.17

31.12.19

72 (1)

26(2)

98

(1) This amount refers to the compensation received as member of the Board of Directors.

(2) This amount refers to the remuneration received as a member of the Control and Risk Committee for the period 1/6 - 31/12/2017.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Hervé Philippe

Director

01.01.17

31.12.17

31.12.2019

110(1)

 23(2)

133

(1) This amount refers to the compensation received as member of the Board of Directors

(2) This amount refers to the remuneration received as a member of the Nomination and Remuneration Committee for the period 1/6 - 31/12/2017.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Danilo Vivarelli

Director

05.05.17

31.12.17

31.12.19

72(1)

23(1) 95

(1) This amount refers to the compensation received as member of the Board of Directors;

(2) This amount to the remuneration received as a member of the Nomination and Remuneration Committee for the period 1/6 - 31/12/2017.

,Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Variable remuneration non-equity

Non monetary benefits

Total

Compensation for loss of office or termination of employment
Bonuses and other incentives Profit sharing

Flavio Cattaneo

CHief Executive Officer

01.01.17

27.07.17

31.12.16

 910(1)

53 (2)   48  

1,011

25.000(3)
General Manager

01.01.17

31.07.17

(1) This amount includes remuneration for employment (813,000 euros), travel expenses (1,000 euros) and payment in lieu of holidays not taken (96,000 euros) as prescribed in the collective agreements for industrial company managers in the period in which he occupied the position of General Manager 1/01 - 31/7/2017;

(2) This amount refers to a lump sum paid to offset the tax effects due to the provision of a car by the company (51,000 euros) as well as reimbursement of club and association membership costs (2,000 euros);

(3) See the details set out in the paragraph entitled “Termination of the directorship/employment of Mr Flavio Cattaneo” described earlier in this section for details of the office/employment severance payment.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Total

Tarak Ben Ammar

Director

01.01.17

04.05.17

31.12.16

38(1)

38

(1) This amount refers to the compensation received as member of the Board of Directors.

 

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Davide Benello

Director

01.01.17

04.05.17

31.12.16

38(1)

30(1) 68

(1) This amount refers to the compensation received as member of the Board of Directors.

(2) The amount refers to the remuneration received as a member of the Nomination and Remuneration Committee (14,000 euros), Chairman of the Nomination and Remuneration Committee (7,000 euros) and member of the Strategy Committee (9,000 euros).

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Laura Cioli

Director

01.01.17

04.05.17

31.12.16

38(1)

24(1) 62

(1) This amount includes the fixed compensation, pursuant to article 2389, subsection 3, of the Italian Civil Code, resolved by the Board of Directors.

(2) The amount refers to the remuneration received as a member of the Control and Risk Committee (15,000 euros) and member of the Strategy Committee (9,000 euros).

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Total

Jean Paul Fitoussi

Director

01.01.17

04.05.17

31.12.16

38(1)

38

(1) This amount refers to the remuneration received as a member of the Board of Directors.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Giorgina Gallo

Director

01.01.17

04.05.17

31.12.16

38(1)

15(1) 53

(1) This amount refers to the remuneration received as a member of the Board of Direct;

(2) The amount refers to the remuneration received as a member of the Control and Risk Committee.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Total

Denise Kingsmill

Director

01.01.17

04.05.17

31.12.16

38(1)

38

(1) This amount refers to the remuneration received as a member of the Board of Directors.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Luca Marzotto

Director

01.01.17

04.05.17

31.12.16

38(1)

14(1) 52

(1) This amount refers to the remuneration received as a member of the Board of Directors.

(2) The amount refers to the remuneration received as a member of the Nomination and Remuneration Committee.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Stephane Roussel

Director

01.01.17

04.05.17

31.12.16

38(1)

14(1) 52

(1) This amount refers to the remuneration received as a member of the Board of Directors;

(2) The amount refers to the remuneration received as a member of the Nomination and Remuneration Committee.

Name and surname

Position

Period for which the position was held

Expiry of term of office

Fixed remuneration

Remuneration for membership of committees

Total

Giorgio Valerio

Director

01.01.17

04.05.17

31.12.16

38(1)

29(1) 67

(1) This amount refers to the remuneration received as a member of the Board of Directors;

(2) The amount refers to the remuneration received as a member of the Control and Risk Committee (15,000 euros) and member of the Nomination and Remuneration Committee (14,000 euros).

In this page the columns of the Consob tables are  not present when no data is contained.