Non-Executive Directors

The Group has a strong composition of skilled, knowledgeable and experienced non-executive directors on the Board.

Non-Executive Directors

Non-executive directors' fees reflect the scope of their roles and responsibilities. They receive fees for services on the Board and Committees. Fee levels are fixed and the total amount of all fees for non-executive directors on the Board is capped by a shareholder-approved pool (currently $4 million per year).

During the 2010 financial year, non-executive directors on the Board took a voluntary six-month reduction in their base and committee fees of 10 per cent during the worst of the global financial crisis.

Non-Executive Directors - Remuneration received during 2010

Fees
($000)
Superannuation
($000)
Post Employment Benefits1
($000)
Total Payments
($000)
Chairman
David Turner 442 48 - 490
John Schubert (retired 10/02/10) 425 25 636 1,086
Non-Executive Directors
John Anderson 225 16 - 241
Reg Clairs (retired 13/04/10) 198 - 203 401
Colin Galbraith 256 18 - 274
Jane Hemstritch 257 19 - 276
Carolyn Kay 268 19 - 287
Andrew Mohl 245 34 - 279
Fergus Ryan 271 19 - 290
Harrison Young 271 19 - 290
  1. During 2010 entitlements were paid out on retirement to John Schubert and Reg Clairs.

Further information about non-executive directors' remuneration is available on page 83 of the 2010 Annual Report and on the Group’s website www.commbank.com.au/shareholder