Total Executive Board compensation for the past fiscal year amounted to €6,880,000. The previous year’s figure was €7,274,000 and included the emoluments of Uwe Tigges, who resigned from the Executive Board at the end of April 2017.
The transparent reporting of supervisory and management board compensation is a key element of good corporate governance.
In the compensation report, we have provided some information on the principles of RWE AG’s remuneration system as well as its structure and benefits. The 2018 compensation report adheres to all statutory regulations and is fully compliant with the recommendations of the German Corporate Governance Code. It is part of the combined review of operations.