Under Article 17 of the Volkswagen AG Articles of Association, the remuneration of Volkswagen AG’s Supervisory Board is composed of a fixed component (plus attendance fees) and a variable component that depends on the amount of the dividend paid. The duties performed by the respective member on the Supervisory Board are also taken into account. In fiscal year 2009, the members of the Supervisory Board received €3,840,514 (previous year: €4,574,665). €365,550 of this figure (previous year: €273,000) related to the fixed remuneration components (including attendance fees) and €3,474,964 (previous year: €4,301,665) to the variable remuneration components.
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REMUNERATION OF THE MEMBERS OF THE SUPERVISORY BOARD | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Fixed |
Variable |
Total |
Total | ||||||||
|
€ |
|
|
2009 |
2008 | ||||||||
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|
Ferdinand K. Piëch |
28,000 |
362,500 |
390,500 |
467,000 | ||||||||
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Jürgen Peters1 |
22,000 |
241,667 |
263,667 |
313,667 | ||||||||
|
Jörg Bode2 (since November 4, 2009) |
5,950 |
19,132 |
25,082 |
– | ||||||||
|
Michael Frenzel |
18,000 |
181,250 |
199,250 |
236,500 | ||||||||
|
Babette Fröhlich1 |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
|
Hans Michael Gaul |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
|
Jürgen Großmann |
14,000 |
120,833 |
134,833 |
159,333 | ||||||||
|
Holger P. Härter (until July 23, 2009) |
8,767 |
136,273 |
145,040 |
313,667 | ||||||||
|
Walter Hirche2 (until April 23, 2009) |
3,875 |
37,760 |
41,635 |
159,333 | ||||||||
|
Peter Jacobs1 |
16,000 |
120,833 |
136,833 |
159,333 | ||||||||
|
Hartmut Meine1 (since December 30, 2008) |
16,000 |
120,833 |
136,833 |
428 | ||||||||
|
Peter Mosch1 |
16,000 |
120,833 |
136,833 |
159,333 | ||||||||
|
Roland Oetker |
22,000 |
241,667 |
263,667 |
313,667 | ||||||||
|
Bernd Osterloh1 |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
|
Hans Michel Piëch (since August 7, 2009) |
9,400 |
48,333 |
57,733 |
– | ||||||||
|
Ferdinand Oliver Porsche |
11,233 |
85,255 |
96,488 |
– | ||||||||
|
Wolfgang Porsche (since April 24, 2008) |
17,158 |
144,161 |
161,319 |
108,675 | ||||||||
|
Wolfgang Ritmeier |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
|
Philipp Rösler2 |
6,092 |
62,263 |
68,355 |
– | ||||||||
|
Heinrich Söfjer1 |
16,000 |
120,833 |
136,833 |
159,333 | ||||||||
|
Jürgen Stumpf1 |
14,000 |
120,833 |
134,833 |
159,333 | ||||||||
|
Bernd Wehlauer1 |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
|
Wendelin Wiedeking (until July 23, 2009) |
7,075 |
102,205 |
109,280 |
236,500 | ||||||||
|
Christian Wulff2 |
19,000 |
181,250 |
200,250 |
236,500 | ||||||||
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Supervisory Board members who retired in the prior year |
– |
– |
– |
209,563 | ||||||||
|
Total |
365,550 |
3,474,964 |
3,840,514 |
4,574,665 | ||||||||
