Remuneration - key management (2017/18)

The table below shows remuneration of key management personnel for the financial year 2017/18.

Key management personnel includes the Board of Directors and the Executive Leadership Team.

The Executive Leadership Team consists of the Chief Executive and direct reports to the Chief Executive.

Parent Actual

2018

$000
Parent Actual

2017

$000
Group Actual

2018

$000
Group Actual

2017

$000
Key management personnel remuneration
Executive Leadership Team (8 FTE)
2,729
2,788
2,729
2,788
Board of Directors - Panuku (1.75 FTE) *
489
453
489
453
Board of Directors - Westhaven Marina Limited
23
21
23
21
Board of Directors - Downtown Marinas Limited
- - 3
-
Total key management personnel remuneration
3,241
3,262 3,244
3,262
a) Executive Leadership Team Remuneration
Salary and other short‑term employee benefits
2,729
2,788
2,729
2,788
Total Executive Leadership Team remuneration
2,729
2,788
2,729
2,788
b) Board of Directors Remuneration - Panuku
Current directors
Richard Aitken (Chair)
108
107
108
107
Susan Macken (Deputy Chair)
67
57
67
57
David Kennedy (appointed 01 Nov 2017)
36
- 36
-
Richard Leggat
62
61
62
61
Paul Majurey
57
62
57
62
Mike Pohio
62
62
62
62
Martin Udale
57
53
57
53
Anne Blackburn (retired 31 Oct 2017)
20 61 20 61
Evan Davies (retired 31 Oct 2017)
20 61 20 61
Sir John Wells (retired 30 Nov 2016)
- 28 - 28
Total Board remuneration - Panuku
489 552 489 552

b) Board of Directors Remuneration - Westhaven
Marina Limited

Stephen Mills 15 15 15 15
Terry Kayes 8 8 8 8
Richard Leggat - - - -

Total Board remuneration - Westhaven
Marina Limited

23 23 23 23

Remuneration for directors of Westhaven Marina
Limited is paid by Panuku.

c) Board of Directors Remuneration - Downtown
Marinas Limited




Terry Kayes - - 3 3
Richard Leggat - - - -

Total Board remuneration - Downtown

Marinas Limited
- - 3 3

Other public information