Directors Remuneration and Share OwnershipDirectors’ compensationThe total level of compensation paid to members of the Board of Compagnie Financière Richemont SA and the Management Committee, including pension contributions, benefits in kind and all other aspects of compensation, amounted to € 40 381 845. Further details of compensation can be found on page 49 and 50 of the 2010 Annual Report.
Highest compensation paid to a member of the executive management boardThe total level of compensation of the highest paid director of the Management Committee was € 9 235 495, which was paid to Mr Norbert Platt, Group Chief Executive Officer Share ownership
As at 31 March 2010, members of the Board and parties closely linked to them owned a total of 213 000 Richemont ‘A’ shares. Members of the Management Committee and parties closely linked to them held a total of 51 670 Richemont ‘A’ shares at that date. As noted above Mr Johann Rupert is the General Managing Partner of Compagnie Financière Rupert, which holds the 522 000 000 ‘B’ registered shares in the Company. Parties associated with Mr Johann Rupert and Compagnie Financière Rupert held a further 2 811 664 ‘A’ shares or ‘A’ share equivalents at 31 March 2010. Stock Option PlanThe Group operates a long-term share-based compensation plan whereby executives are awarded options to acquire shares at the market price on the date of grant. No awards under the stock option plan were made to non-executive directors during the 2009/10 financial years. Further details may be found on page 49 and 51 of the 2010 Annual Report.Management transactions
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