ELN » Topics » Compensation of Directors and Officers

This excerpt taken from the ELN 6-K filed Mar 30, 2009.
Compensation of Directors and Officers
 
For the year ended 31 December 2008, all directors and officers as a group (21 persons; 2007: 19 persons) received compensation of $6.7 million (2007: $13.2 million). In addition, we incurred share-based compensation expense of $13.4 million (2007: $13.0 million) in relation to directors and officers.
 
We reimburse directors and officers for their actual business-related expenses. For the year ended 31 December 2008, an aggregate of $0.3 million was accrued to provide pension, retirement and other similar benefits for directors and officers. We also maintain certain health and medical benefit plans for our employees in which our executive directors and officers participate.

     
Elan Corporation, plc 2008 Annual Report
  97


Table of Contents

 
 
No director or officer has a family relationship with any other director or officer.
 
This excerpt taken from the ELN 6-K filed Mar 31, 2008.
Compensation of Directors and Officers
 
For the year ended 31 December 2007, all executive officers and outside directors as a group (19 persons) received total compensation of $13.2 million.
 
We reimburse officers and outside directors for their actual business-related expenses. For the year ended 31 December 2007, an aggregate of $0.2 million was accrued to provide pension, retirement and other similar benefits for directors and officers. We also maintain certain health and medical benefit plans for our employees in which our officers participate.
 
Officers serve at the discretion of the board of directors. No director or officer has a family relationship with any other director or officer.
 
This excerpt taken from the ELN 6-K filed Mar 30, 2007.
Compensation of Directors and Officers
 
For the year ended 31 December 2006, all executive officers and outside directors as a group (19 persons) received total compensation of $8.0 million.
 
We reimburse officers and outside directors for their actual business-related expenses. For the year ended 31 December 2006, an aggregate of $0.2 million was accrued to provide pension, retirement and other similar benefits for directors and officers. We also maintain certain health and medical benefit plans for our employees in which our officers participate.
 
Officers serve at the discretion of the board of directors. No director or officer has a family relationship with any other director or officer.
 
This excerpt taken from the ELN 6-K filed Mar 31, 2006.
Compensation of Directors and Officers
For the year ended 31 December 2005, all executive officers and outside directors as a group (21 persons) received total compensation of $8.5 million.
We reimburse officers and outside directors for their actual business-related expenses. For the year ended 31 December 2005, an aggregate of $0.2 million was accrued to provide pension, retirement and other similar benefits for directors and officers. We also maintain certain health and medical benefit plans for our employees in which our officers participate.
For additional information on pension benefits for our employees, please refer to Note 12 to the Consolidated Financial Statements.
This excerpt taken from the ELN 6-K filed Apr 11, 2005.

Compensation of Directors and Officers

For the year ended 31 December 2004, all executive officers and directors as a group (19 persons) received total compensation of $6.4 million.

We reimburse officers and directors for their actual business-related expenses. For the year ended 31 December 2004, an aggregate of $0.4 million was accrued to provide pension, retirement and other similar benefits for directors and officers. We also maintain certain health and medical benefit plans for our employees in which our officers participate.

For additional information on pension benefits for our employees, please refer to Note 20 to the Consolidated Financial Statements.

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