‘Single figure’ of remuneration – executive directors (audited)

The following table shows a single total figure of remuneration for each executive director in respect of qualifying services for the 2014 financial year, together with a comparative figure for 2013.

Single figure £000s

Executive director

Salary

Benefits (b)

Pension

Annual variable pay (AVP)

Total remuneration exc. PSP/LTIPs

PSP/LTIPs

Total remuneration

Notes

(a)

Mark Zinkula’s benefits for 2014 and 2013 include the vesting of shares relating to a legacy award from when he became CEO LGIM and prior to him joining the Board. For 2014 this accounts for £418,000 of the benefits figure shown above and for 2013 this accounts for £357,000 of the benefits figure.

(b)

The benefits figures for 2013 have been updated to reflect the change in calculation in relation to the SAYE. This change effected the benefits number for John Pollock only. See Benefits section for further details.

2014

 

 

 

 

 

 

 

Nigel Wilson

808

80

121

1,115

2,124

2,089

4,213

John Pollock

560

69

150

713

1,492

1,563

3,055

Mark Gregory

560

66

90

726

1,442

1,519

2,961

Mark Zinkula (a)

560

840

88

766

2,254

1,026

3,280

2013

 

 

 

 

 

 

 

Nigel Wilson

750

66

113

873

1,802

2,270

4,072

John Pollock

509

66

97

593

1,265

1,694

2,959

Mark Gregory

509

56

77

573

1,215

1,525

2,740

Mark Zinkula (a)

510

784

80

768

2,142

643

2,785