Non-executive director fees
All non-executive directors of the Company are appointed by the Commonwealth Government through the Shareholder Ministers.
Fees for non-executive directors are set through the determinations of the Commonwealth Remuneration Tribunal, an independent statutory body overseeing the remuneration of key Commonwealth offices. The Company is obligated to comply with the Tribunal’s determinations and plays no role in the consideration or determination of non-executive director fees.
Remuneration for non-executive directors for FY 2020 and FY 2019 is shown in the following table:
Short-term benefits | Post-employment | Other long-term benefits | Termination benefits | Total remuneration | |||||
Directors' fees | Bonuses | Other benefits and allowances | Superannuation contributions | Long service leave | Other long-term benefits | ||||
Non-executive directors | $ | $ | $ | $ | $ | $ | $ | $ | |
Lucio Di Bartolomeo | 2020 | 119,180 | - | - | 11,322 | - | - | - | 130,502 |
2019 | 121,245 | - | - | 11,518 | - | - | - | 132,763 | |
Peter Iancov | 2020 | 67,750 | - | - | 990 | - | - | - | 68,740 |
2019 | 68,924 | - | - | 6,548 | - | - | - | 75,472 | |
Janice van Reyk | 2020 | 75,910 | - | - | 7,211 | - | - | - | 83,121 |
2019 | 77,226 | - | - | 7,336 | - | - | - | 84,562 | |
Jeremy Schultz | 2020 | 67,750 | - | - | - | - | - | - | 67,750 |
2019 | 66,420 | - | - | - | - | - | - | 66,420 | |
Alan (Jim) Whalley | 2020 | 59,590 | - | - | 5,661 | - | - | - | 65,251 |
2019 | 60,623 | - | - | 5,759 | - | - | - | 66,382 | |
Total non-executive directors | 2020 | 390,180 | - | - | 25,185 | - | - | - | 415,365 |
2019 | 394,438 | - | - | 31,161 | - | - | - | 425,599 | |
Visit
https://www.transparency.gov.au/annual-reports/australian-naval-infrastructure-pty-ltd/reporting-year/2019-20-39