- Home
- Introduction
- Chairman's statement
- Chief Executive's review
- Business review
- Corporate responsibility
- Finance Director's review
- Corporate governance
- Board of directors
- Board committees
- Directors' remuneration report
- Introduction
- The remuneration committee
- Remuneration policy
- The main components of remuneration
- Service contracts
- External directorships of executive directors
- Non-executive directors
- Performance graph
- Aggregate director’s remuneration
- Director’s emoluments
- Payments made to former directors of the Company
- Pensions
- Directors’share interests
- Share options
- Long-term incentive awards
- Approval of the Director’s remuneration report
- Internal control and risk management
- Shareholders and share capital
- Other statutory information
- Annual report and the financial statements
- Financial statements
- Notes to the financial statements
- Other information
- Download centre
Directors' remuneration report
Payments made to former directors of the Company
John Cheffins retired from the Board on September 30, 2007. Following his retirement, he has continued to be retained by the Company for one day per week to give support and advice on the strategy and implementation of Rolls-Royce Fuel Cell Systems Limited, supply chain management, and the assembly and test facilities. He was paid £103,200 and received benefits totalling £33,097.
Dr Mike Howse retired from the Board on June 30, 2005. Following his retirement, he has continued to be retained by the Company for his expertise in engineering. He was paid £39,060.
Sir Robin Nicholson retired as a non-executive director on May 4, 2005. He was retained by Rolls-Royce Fuel Cell Systems Limited for his management and technical expertise, and to provide advice on business related matters. Sir Robin was paid total fees of £30,000.
Phil Ruffles retired from the Board on October 18, 2001. He was retained by Rolls-Royce Fuel Cell Systems Limited until December 31, 2008 to give general advice on the best contacts and direction for the business. Phil Ruffles received total fees of £5,080.