Remuneration - key management (2018/19)

01 January 2020

Other corporate information

The table below shows remuneration of key management personnel for the financial year 2018/19.

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 2019 $000	Parent Actual 2018 $000	Group Actual 2019 $000	Group Actual 2018 $000

Key management personnel remuneration
Executive Leadership Team (9 FTE)	3,298	2,729	3,298	2,729
Board of Directors - Panuku (1.75 FTE) *	393	489	393	489
Board of Directors - Westhaven Marina Limited	19	23	19	23
Board of Directors - Downtown Marinas Limited	-	-	1	-
Total key management personnel remuneration	3,710	3,241	3,711	3,241

a) Executive Leadership Team Remuneration
Salary and other short‑term employee benefits	3,298	2,729	3,298	2,729
Total Executive Leadership Team remuneration	3,298	2,729	3,298	2,729

b) Board of Directors Remuneration - Panuku
Current directors
Adrienne Young-Cooper (Chair) - appointed 1 Nov 2018	71	-	71	-
Richard Aitken (Chair) - retired 31 Oct 2018	37	108	37	108
Susan Macken (Deputy Chair)	68	67	68	67
David Kennedy - appointed 01 Nov 2017	56	36	56	36
Richard Leggat	62	62	62	62
Paul Majurey	54	57	54	57
Mike Pohio	62	62	62	62
Martin Udale	54	57	54	57
Directors now retired
Anne Blackburn (retired 31 Oct 2017)	-	20	-	20
Evan Davies (retired 31 Oct 2017)	-	20	-	20
Total Board remuneration - Panuku	464	489	464	489

b) Board of Directors Remuneration - Westhaven Marina Limited
Stephen Mills (Chair)	15	15	15	15
Terry Kayes - retired 31 Oct 2018	4	8	4	8
Richard Leggat	-	-	-	-
Adrienne Young-Cooper - appointed 1 Apr 2019	-	-	-	-
Total Board remuneration - Westhaven Marina Limited	19	23	19	23

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