n FTSE 100 CEO survey briefing december 2011 accountancy

CEO pay ftse 100 CEO pay survey 2011

Company Chief Age Chartered Professional qualifications Date Total remuneration Remuneration executive accountant if not accountant appointed latest financial year previous year

3i Group Michael Queen 49 Yes 28-01-09 1,114,000 2,977,000 Admiral Group Henry Engelhardt 54 No MBA 02-01-93 344,000 329,000 Rupert Soames 51 No 01-07-03 2,555,850 2,176,000 AMEC Samir Brikho 53 No Engineer 01-10-06 4,098,029 6,687,000 Anglo American Cynthia Carroll 54 No MBA, MSc Geology 01-03-07 3,668,939 2,982,000 Antofagasta Jean-Paul Luksic 46 No BSc 05-11-04 2,133,357 2,037,000 ARM Holdings David East 48 No Engineer 16-10-01 3,915,360 1,111,000 Associated British Foods George Weston 46 No MBA, MA PPE 01-04-05 2,221,700 3,217,000 AstraZeneca David Brennan 57 No Pharmacologist 01-01-06 3,062,105 8,158,000 Autonomy Corporation Michael Lynch 45 No Engineer, PhD 21-03-96 518,304 330,000 AVIVA Andrew Moss 53 Yes 12-07-07 3,187,890 3,172,000 BAE Systems Ian King 54 No 01-09-08 3,032,693 7,681,000 Barclays Bob Diamond 60 No MBA, BA Economics 01-01-11 n/a n/a BG Group Frank Chapman 57 No Engineer 23-10-00 7,451,398 29,227,000 BHP Billiton Marius Kloppers 48 No MBA, PhD Materials Science 01-10-07 6,465,104 8,352,000 BP Robert Dudley 56 No MBA, MIM 01-10-10 1,124,931 n/a British American Tobacco Nicandro Durante 54 No 01-03-11 n/a British Land Company Chris Grigg 51 No Banker 12-01-09 1,899,403 2,699,000 British Sky Broadcasting Grp Jeremy Darroch 48 Yes 07-12-07 6,487,302 8,289,000 BT Group Ian Livingston 46 Yes 01-06-08 2,796,333 4,970,000 Burberry Group Angela Ahrendts 51 No Marketing & Merchandising 01-07-06 5,683,130 8,057,000 24 Simon Thomson 48 No Lawyer 01-07-11 n/a 1,263,000 Capita Group Paul Pindar 51 Yes 01-01-87 1,864,994 1,263,000 Capital Shopping Centres Grp David Fischel 52 Yes 01-03-01 874,865 1,853,000 Carnival Micky Arison 61 No 17-04-03 2,226,369 3,750,000 William Laidlaw 56 No Lawyer, MBA 01-07-06 3,817,450 n/a Compass Group Richard Cousins 51 No MSc Operational Research 01-06-06 4,405,290 6,406,000 24 Diageo Paul Walsh 55 Yes 01-09-00 6,034,146 9,827,000 Essar Energy Naresh Nayyar 59 Yes 06-04-10 794,163 n/a Eurasian Felix Vulis 55 No MBA 20-08-09 3,287,000 1,708,000 Experian Don Robert 52 No BBA 06-07-06 6,063,919 12,140,000 Fresnillo Jaime Lomelín 76 No Chemical Engineering 15-04-08 1,224,278 1,291,000 G4S Nicholas Buckles 50 No 01-07-05 2,659,584 4,523,000 24 GKN1 Kevin Smith 56 No BA Business Studies 01-01-03 1,534,221 1,566,000 GlaxoSmithKline Andrew Witty 46 No BA Economics 21-05-08 2,334,603 7,222,000 International Ivan Glasenberg 54 Yes MBA n/a n/a Hammerson David Atkins 44 No Surveyor 01-10-09 1,013,288 943,000 Hargreaves Lansdown Ian Gorham 39 Yes 02-09-10 n/a n/a HSBC Holdings Stuart Gulliver 52 No Banker 01-01-11 n/a n/a 24 ICAP Michael Spencer 56 No BSc Physics 09-09-99 9,334,903 n/a IMI Martin Lamb 51 No 04-01-01 1,733,769 n/a Imperial Tobacco Group alison Cooper 44 Yes 13-05-10 1,695,793 n/a Inmarsat2 Andrew Sukawaty 55 No MBA 01-03-04 2,246,092 2,281,000 InterContinental Hotels Grp Richard Solomons 49 Yes 01-07-11 n/a n/a Intl Consolidated Airlines Grp Willie Walsh 50 No MSc Management & Business 01-07-11 n/a n/a 24 International Power Philip Cox 59 Yes 11-12-03 2,273,307 3,465,000 Intertek Group Wolfhart Hauser 61 No Pharmacologist 31-03-05 2,361,419 2,726,000 Investec Stephen Koseff 59 Yes MBA 26-06-02 2,583,125 5,970,000 ITV Adam Crozier 47 No BA Business Organisation 26-04-10 1,179,277 n/a J Sainsbury Justin King 50 No BBA 29-03-04 2,601,449 11,851,000 Allister Langlands 53 Yes 01-05-07 2,143,741 n/a 24 Johnson Matthey Neil Carson 54 No Engineer 20-07-04 1,687,000 4,033,000 Kazakhmys Oleg Novachuk 40 No 15-03-07 1,408,000 2,094,000 Kingfisher Ian Cheshire 51 No 28-01-08 2,180,245 4,017,000 Land Securities Group Francis Salway 53 No Surveyor 14-07-04 1,595,491 2,329,000 Legal & General Group plc Timothy Breedon 54 No 01-01-06 1,664,614 1,730,000 Lloyds Banking Group antónio Horta-Osório 47 No MBA 01-03-11 n/a Lonmin Ian Farmer 48 Yes 29-09-08 1,410,684 2,055,000 Man Group Peter Clarke 51 No Lawyer 30-03-07 2,261,888 3,731,000 Marks & Spencer Group Marc Bolland 52 No MBA 01-05-10 4,382,000 n/a National Grid Steven Holliday 54 No Mining engineer 01-01-07 1,549,000 6,038,000 Next Simon Wolfson 43 No Lawyer 01-08-01 2,128,200 2,685,000 Old Mutual Julian V F Roberts 52 Yes 10-09-08 1,869,473 6,147,000 Pearson Marjorie Scardino 64 No Lawyer 13-01-97 8,003,641 6,774,000 Ltd Ayman Asfari 52 No 11-01-02 1,912,167 2,413,000 Prudential Tidjane Thiam 49 No MBA 01-10-09 2,454,127 3,012,000 Randgold Resources Dennis Mark Bristow 52 No Geologist 01-08-95 5,878,771 7,014,000 Reckitt Benckiser Group3 Bart Becht 54 No MBA 03-12-99 17,783,000 98,050,000 Reed Elsevier Erik Engstrom 47 No MBA 11-11-09 2,028,108 2,855,000 Resolution Ltd Rexam Graham Chipchase 48 Yes 01-01-10 1,862,811 n/a Thomas Albanese 53 No Mining Engineer 01-05-07 9,720,825 3,888,000 Rolls-Royce Group4 John Rose 58 No Mechanical Engineer 01-01-96 3,071,804 1,733,000 Royal Bank of Scotland Grp Stephen Hester 50 No 21-11-08 2,744,059 2,724,000 26

www.accountancylive.com n FTSE 100 CEO survey briefing december 2011 accountancy

ceo pay ftse 100 ceo pay survey

Company Chief Age Chartered Professional qualifications Date Total remuneration Remuneration executive accountant if not accountant appointed latest financial year previous year

Royal Dutch Shell Peter Voser 52 No 01-07-09 3,635,905 7,384,000 RSA Insurance Group Simon Lee 50 No 04-08-11 SABMiller Ernest Mackay 61 No 08-03-99 3,636,731 19,352,000 Sage Group Guy Berruyer 60 No Engineer, MBA 01-10-10 Schroders Michael Dobson 58 No Banker 01-11-01 11,296,863 19,181,000 Scottish & Southern Energy Ian Marchant 50 Yes 01-10-02 1,369,625 4,589,000 Serco Group Christopher Hyman 47 Yes 04-05-02 2,983,344 4,815,000 Severn Trent Anthony Wray 49 No 02-10-07 846,703 1,176,000 Shire Angus Russell 55 Yes 18-06-08 3,054,796 6,191,000 Smith & Nephew Olivier Bohuon 52 No 01-04-11 Smiths Group Philip Bowman 57 Yes 10-12-07 1,859,500 2,061,000 Standard Chartered peter Sands 50 No Management Consultant 20-11-06 5,412,301 12,046,000 Standard Life David Nish 50 Yes 01-01-10 1,688,879 n/a Tate & Lyle Javed Ahmed 51 01-10-09 2,035,000 n/a Tesco Philip Clarke 51 No Economics 01-03-11 n/a Aidan Heavey 58 Yes 01-01-87 4,817,368 3,991,000 Unilever Paul Polman 54 No MBA 01-01-09 2,530,738 4,477,000 Group Steven Mogford 54 No BSc Astrophysics/Maths 31-03-11 Mahendra Mehta 55 No Engineer 01-10-08 536,768 493,000 Vodafone Group Vittorio Colao 49 No MBA 29-07-08 3,323,751 4,096,000 Keith Cochrane 46 Yes 02-11-09 1,444,771 1,105,000 26 Whitbread Andy Harrison 53 No 01-09-10 n/a WM Morrison Supermarkets Dalton Philips 42 No MBA 29-03-10 2,494,442 n/a Wolseley Ian Meakins 53 No 13-07-09 1,943,400 60,000 WPP Martin Sorrell 66 No MBA 19-11-08 4,476,024 3,544,000 Michael Davis 53 Yes 25-02-02 21,215,743 16,867,000 Totals 286,245,438 457,249,000 26 Average 3,367,593 6,376,000

How figures are calculated: the remuneration figure is what Manifest terms ‘total remuneration gains on options exercised. These amounts realised are from awards made in earlier years. realised’. It aims to present the amount the CEOs realised during the financial year. It includes Pension contributions are excluded, but payments received as cash in lieu of pension salary, bonuses taken as cash or unconditional shares, other benefits and transaction bonuses. contributions are included. Information is taken directly from annual reports. Where figures are It excludes deferred bonuses awarded and expected value of share options/other share plan reported in non-GBP currencies, exchange rate at company’s financial year end is used or For awards, but includes ‘amounts realised’ from LTIPs and deferred share schemes vested, and vested shares and exercised options the exchange rate on the effected date is used. 26

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