Varma

Remuneration of the Board of Directors’ members

The Board of Directors convened nine times in 2013. The average attendance rate (including deputy members) was 90.4 per cent. The table below contains information on each member for 2013.

Remuneration of Varma’s Board of Directors is decided by the Supervisory Board. In 2013 the remuneration of the Board of Directors’ members were as follows:

Annual remuneration 2013

  • Chairman EUR 45,000
  • Deputy Chairman EUR 32,000
  • member EUR 18,000
  • deputy member EUR 13,000

The meeting fee paid to the Chairman, Deputy Chairmen, members and deputy members was EUR 600 per meeting. The same meeting fee was also paid for the meetings of the Board of Directors’ committees, as well as for meetings of the presiding officers and of the Supervisory Board.

Members of the Board of Directors are insured under Section 8 of the Employees Pensions Act TyEL, and a TyEL contribution is paid on the meeting fee.

Varma's Board of Directors 2013 – attendance and remunerations
Meeting
Board ofNomina-and Com-
Directors'tion andAuditElectionSuper-Board ofAnnualmittee
meetings,CompensationCommit-Commit-visoryDirectors'remunera-remunera-
NameattendanceCommitteeteeteeBoardseminartion, €tions, €Total, €
Chairman
Sakari Tamminen9/99/92/23/31/145,00014,40059,400
Deputy Chairmen
Kari Jordan6/97/93/33/332,00010,50042,500
Mikko Mäenpää 8/98/92/23/31/332,00012,30044,300
Members
Riku Aalto8/91/118,0005,40023,400
Mikael Aro8/91/118,0005,40023,400
Johanna Ikäheimo8/91/31/118,0006,00024,000
Ari Kaperi8/91/118,0005,40023,400
Lasse Laatunen8/92/318,0006,00024,000
Karsten Slotte9/91/21/118,0006,60024,600
Kari Stadigh9/91/31/118,0006,60024,600
Kai Telanne8/92/21/118,0006,60024,600
Veli-Matti Töyrylä9/93/33/31/118,0008,70026,700
Deputy members
Mikko Ketonen8/913,0004,80017,800
Arto Kuusiola8/91/113,0005,40018,400
Liisa Leino7/91/113,0004,80017,800