annual report 2008 Pelikan Holding AG

Claudio Esteban Seleguan
Claudio Esteban Seleguan has a Bachelor in Business Administration. He joined Pelikan Group as a manager of
Pelikan Costa Rica in 1989. In 1992, he was appointed as Chief Executive Officer of Pelikan Mexico. He also acts
as CEO for Latin America, United States of America and Canada.
Compensation, shareholdings and loans
During the financial year, only one Board Member who stepped down in the financial year 2008 was paid a
fixed annual board fee. Neither the other Board Member who stepped down in the financial year 2008 nor any
former or any actual Board Member received a fixed board fee. There are no variable board fees, however,
payment to the Board Members is effected according to the rules set out for the Group management.
Like all employees of the Group, the members of the Group Management are rewarded fairly in accordance
with their abilities, experience and performance. The amount and composition of the compensation paid are
tailored to the respective sectors and labor market environment. Compensation comprises a fixed basic salary
and a performance-related cash bonus. The bonus is determined by the extent to which personal performance
objectives, set in advance, have been attained and is also linked to the financial results of the Group. The
President of the Board of Directors approves the compensation of the members of the Group Management and
informs the Board of Directors during the Board Meetings.
Details of the compensation paid to active members of the governing bodies are set out below in compliance
with the SIX Swiss Exchange Corporate Governance Directive.
Remuneration of members of the Board of Directors in 2008
CHF (000)
Compensation
for Board
committee
members
Pension, social
insurance fund
and benefits in
kind
Total
2008
Total
2007
Salaries Bonus
Executive directors
Loo Hooi Keat* - - - - - -
Ng Cheong Seng 77 5 - 31 113 -
Peter Raijmann 253 - - 29 282 -
Non-executive
director
Thomas Pfister 83 16 10 7 116 242
Total remuneration of
Board of Directors 413 21 10 67 511 242
Members of the Executive Board and Group Management of the Company receive remuneration and
benefits as shown in the table below.
13