The following disclosures relate to the year ended 31 March 2019.
The total compensation of the members of the Board of Directors and the Senior Executive Committee amounted to CHF 7 614 302 and CHF 30 472 027 respectively, including pension contributions, benefits in kind and all other aspects of compensation. The highest paid executive was Mr Cyrille Vigneron, Chief Executive Officer of Cartier, with a total compensation of CHF 5 557 083.
The Compensation report may be found in the Annual Report.
Trading in Richemont shares
The exercise of options and transactions in Richemont shares and related securities by any current director or member of the Senior Executive Committee and their related parties is promptly notified to SIX Swiss Exchange (‘SIX’). These notifications are simultaneously published by SIX and can be accessed via the following link: Click here.
As at 31 March 2019, members of the Board and parties closely linked to them owned a total of 37 138 Richemont ‘A’ shares. 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 2 836 664 ‘A’ shares or ‘A’ share equivalents at 31 March 2019. Details of the shareholdings of the members of the Board of Directors in the Company are disclosed on page 125 of the 2019 Annual report.
Share option plan
The 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 share option plan have been made to persons serving as non-executive directors. Further details may be found in the 2019 Annual Report on pages 108-110.