ASSURED 2011

Consolidated Financial Statements IFRS

 

Notes to the Consolidated Financial Statements
(30) Board of Directors
Executive Board

Memberships on supervisory boards and other comparable governing bodies of enterprises, other than subsidiaries 
of SAP on December 31, 2011


Bill McDermott

Co-Chief Executive Officer
Strategy, Governance, Corporate Development, Innovation, Sales, Field Services, Consulting, EcosystemecosystemConstruct encompassing SAP and its customers and partners that extends the value SAP provides its customers. By bringing together community-based insight, innovative partner solutions, and industry-leading collaboration and co-innovation, it enables custo Activities, Communications, Marketing 

Board of Directors, ANSYS, Inc., Canonsburg, Philadelphia, United States 
Board of Directors, Under Armour, Inc., Baltimore, Maryland, United States 
Board of Directors, PAETEC Communications, Inc., Fairport, New York, United States (until December 1, 2011)


Jim Hagemann Snabe

Co-Chief Executive Officer 
Strategy, Governance, Corporate Development, Innovation, 
Products and Solutions Development, Communications, Marketing

Board of Directors, Thrane & Thrane A/S, Lyngby, Denmark 
Board of Directors, Bang & Olufsen a/s, Stuer, Denmark (from September 23, 2011) 
Board of Directors, Linkage A/S, Copenhagen, Denmark (until November 22, 2011) 


Dr. Werner Brandt

Chief Financial Officer, Labor Relations Director (acting) 
Finance and Administration including Investor Relations and Data Protection & Privacy 

Supervisory Board, Deutsche Lufthansa AG, Frankfurt am Main, Germany 
Supervisory Board, QIAGEN N.V., Venlo, the Netherlands 
Supervisory Board, Heidelberger Druckmaschinen AG, Heidelberg, Germany (until July 28, 2011) 


Gerhard Oswald

Chief Operating Officer 
SAP Active Global Support, Installed Base MaintenancemaintenanceSoftware support comprising support for legal changes and corrections delivered through the SAP Notes tool, support packages, problem support, and access to information and online service channels – depending on the maintenance phase. & Support, Global IT, Globalization Services, Quality, Governance & Production, COO Operations, University Alliances, Global User Groups Organization, Chief Process Office, SAP Labs Network


Board Members Who Left During 2011
Dr. Angelika Dammann (until July 8, 2011)

 

Supervisory Board

Memberships on supervisory boards and other comparable governing bodies of enterprises, other than subsidiaries of SAP on December 31, 2011


Prof. Dr. h. c. mult. Hasso Plattner 2), 4), 5), 7), 8)

Chairman 


Lars Lamadé 1), 2), 4), 8)

Deputy Chairman 
Project Manager Service & Support


Pekka Ala-Pietilä 5), 7), 8)

Chairman of the Board, Blyk Ltd., London, UK 

Board of Directors, Pöyry Plc, Vantaa, Finland 
Chairman of the Board of Directors, CVON Group Limited, London, UK 
Board of Directors, CVON Limited, London, UK 
Board of Directors, CVON Innovations Limited, London, UK 
Chairman of the Board of Directors, Blyk Services Oy, Helsinki, Finland 
Chairman of the Board of Directors, CVON Innovation Services Oy, Turku, Finland
Board of Directors, CVON Future Limited, London, UK 
Chairman of the Board of Directors, Blyk (NL) Ltd., London, UK 
Chairman of the Board of Directors, Blyk (DE) Ltd., London, UK 
Chairman of the Board of Directors, Blyk (ES) Ltd., London, UK 
Chairman of the Board of Directors, Blyk (BE) Ltd., London, UK 
Board of Directors, Blyk.nl NV, Amsterdam, the Netherlands 
Chairman of the Board of Directors, Blyk.be SA, Hoeilaart, Belgium 
Chairman of the Board of Directors, Blyk International Ltd., London, UK 
Board of Directors, HelloSoft Inc., San José, California, United States (until January 1, 2011) 
Chairman of the Board of Directors, Solidium Oy, Helsinki, Finland (from March 4, 2011)


Thomas Bamberger 1), 3)

Chief Controlling Officer COO


Panagiotis Bissiritsas 1), 2), 5), 6)

Support Expert


Willi Burbach (until August 7, 2011)

Developer


Prof. Dr. Wilhelm Haarmann 2), 6), 8)

Attorney-at-law, certified public auditor, certified tax advisor 

Senior Partner HAARMANN Partnerschaftsgesellschaft, Rechtsanwälte, Steuerberater, Wirtschaftsprüfer, Frankfurt am Main, Germany


Peter Koop 1), 5)

Industry Business Development Expert



Bernard Liautaud 5)

General Partner Balderton Capital, London, UK 

Board of Directors, Clinical Solutions Holdings Ltd., Basingstoke, Hampshire, UK 
Board of Directors, nlyte Software Ltd., London, UK 
Board of Directors, Talend SA, Suresnes, France 
Board of Directors, Cap Gemini, Paris, France 
Board of Directors, Quickbridge (UK) Ltd., London, UK 
Board of Directors, SCYTL Secure Electronic Voting SA, Barcelona, Spain 
Board of Directors, Abiquo Group Inc., Redwood City, California, United States 
Board of Directors, Vestiaire de Copines SA, Neuilly-sur-Seine, France (from August 2, 2011) 
Board of Directors, Dashlane, Inc., New York, New York, United States (from September 9, 2011) 


Dr. Gerhard Maier 1), 2), 3)

Development Project Manager


Dr. h. c. Hartmut Mehdorn 4), 6)

Chief Executive Officer, Air Berlin PLC, Rickmansworth, UK

Advisory Board, Fiege-Gruppe, Greven, Germany 
Board of Directors, RZD – Russian Railways, Moscow, Russia (from October 27, 2011) 


Dr. Hans-Bernd Meier (from August 8, 2011)

Independent Consultant for SAP Projects


Prof. Dr.-Ing. Dr. h. c. Dr.-Ing. E. h. Joachim Milberg 2), 3), 5), 7)

Chairman of the Supervisory Board, BMW AG, Munich, Germany

Supervisory Board, Bertelsmann AG, Gütersloh, Germany 
Supervisory Board, Festo AG, Esslingen, Germany 
Supervisory Board, ZF Friedrichshafen AG, Friedrichshafen, Germany (until December 31, 2011) 
Supervisory Board, Festo AG & Co. KG, Esslingen, Germany (from March 24, 2011) 
Board of Directors, Deere & Company, Moline, Illinois, United States 


Dr. Erhard Schipporeit 3), 8)

Independent Management Consultant 

Supervisory Board, Talanx AG, Hanover, Germany 
Supervisory Board, Deutsche Börse AG, Frankfurt am Main, Germany 
Supervisory Board, HDI V.a.G., Hanover, Germany 
Supervisory Board, Hannover Rückversicherung AG, Hanover, Germany 
Supervisory Board, Fuchs Petrolub AG, Mannheim, Germany 
Supervisory Board, BDO AG, Hamburg, Germany (from July 7, 2011) 
Board of Directors, TUI Travel PLC, London, UK 
Board of Directors, Fidelity Funds SICAV, Luxembourg 


Stefan Schulz 1), 4), 5), 6), 8)

Development Project Manager


Prof. Dr.-Ing. Dr.-Ing. E. h. Klaus Wucherer 5)

Managing Director of Dr. Klaus Wucherer Innovations- und Technologieberatung GmbH, Erlangen, Germany 

Supervisory Board, Heitech AG, Erlangen, Germany 
Supervisory Board, Dürr AG, Bietigheim-Bissingen, Germany 
Supervisory Board, Infineon Technologies AG, Munich, Germany (until February 17, 2011) 
Supervisory Board, LEONI AG, Nuremberg, Germany 

The total compensation of the Executive Board members for the years 2011, 2010, and 2009 was as follows: 

Executive Board Compensation

€ thousands

2011
 
2010 2009
Short-term employee benefits 20,175.5 13,254.4 30,470.4
Share-based payment 4,015.7 3,919.5 4,412.0
Subtotal 24,191.2 17,173.9 34,882.4
Post-employment benefits 1,546.5 1,999.0 1,479.0
thereof defined benefit 696.2 797.0 1,171.0
thereof defined contribution 850.3 1,202.0 308.0
Termination benefits 4,124.9 10,947.5 2,326.8
Other long-term benefits 4,031.0 3,407.0 0,0
Total 33,893.6 33,527.4 38,688.2

The share-based compensation amounts disclosed above are based on the grant date fair value of the virtual stock options issued to Executive Board members during the year. 

Share-Based Compensation for Executive Board Members

2011
 
2010 2009
Number of stock options granted 475,227 559,926 785,060
Total expense in € thousands 4,420.3 2,987.5 2,830.0

In the table above, the share-based compensation expense is the amount recorded in profit or loss under IFRS 2 in the respective period. 

The projected benefit obligation (PBO) for pensions to Executive Board members and the annual pension entitlement of the members of the Executive Board on reaching age 60 based on entitlements from performance-based and salary-linked plans were as follows: 

Retirement Pension Plan for Executive Board Members

€ thousands

2011
 
2010 2009
PBO December 31 7,290.7 7,326.9 6,529.9
Annual pension entitlement 437.3 466.2 466.6

Subject to the adoption of the dividend resolution by the shareholders at the Annual General Meeting of Shareholders on May 23, 2012, the total annual compensation of the Supervisory Board members for 2011 is as follows: 

Supervisory Board Compensation

€ thousands

2011
 
2010 2009
Total compensation 3,027.4 2,875.0 1,842.1
thereof fixed compensation 874.1 870.0 650.0
thereof committee remuneration 465.0 325.0 92.1
thereof variable compensation 1,688.3 1,680.0 1,100.0

The Supervisory Board members do not receive any share-based compensation for their services. As far as members who are employee representatives on the Supervisory Board receive share-based compensation such compensation is for their services as employees only and is unrelated to their status as members of the Supervisory Board.

The total compensation of all Supervisory Board members in 2011 for work for SAP excluding compensation relating to the office of Supervisory Board member was €1,688.3 thousands (2010: €1,028.0 thousands; 2009: €1,095.1 thousands).

During fiscal year 2011, payments to former Executive Board members were as follows:

Payments to Former Executive Board Members

€ thousands

2011
 
2010 2009
Pension benefits 1,346.0 1,290.0 764.0
PBO 25,267.0 24,878.0 15,777.0

SAP did not grant any compensation advance or credit to, or enter into any commitment for the benefit of, any member of the Executive Board or Supervisory Board in 2011, 2010, or 2009. 

On December 31, 2011, the shareholdings of SAP’s board members were as follows: 

Shareholdings of Executive and Supervisory Board Members

Number of SAP shares

  2011
 
2010 2009
Executive Board 20,560 13,747 15,336
Supervisory Board 121,524,139 122,156,130 127,193,136

Detailed information on the different elements of the compensation as well as on the number of shares owned by members of the Executive Board and the Supervisory Board are disclosed in the Compensation Report which is part of our Management Report and of our Annual Report on Form 20-F, both of which are available on SAP’s website. 

Information as at December 31, 2011

1) Elected by the employees
2) Member of the Company’s General and Compensation Committee
3) Member of the Company’s Audit Committee
4) Member of the Company’s Mediation Committee
5) Member of the Company’s Technology and Strategy Committee
6) Member of the Company’s Finance and Investment Committee
7) Member of the Company’s Nomination Committee
8) Member of the Company’s Special Committee

Overview