The Board operates a Remuneration and Nominations Committee which has the responsibility to (i) Advise Defra on the Remuneration of AHDB Board Members; (ii) set the remuneration for the Sector Board Members; (iii) advise the Board, in consultation with Defra, on the performance objectives and remuneration terms linked to these objectives for the AHDB Chief Executive; (iv) advise the Board on the total remuneration packages for the senior managers in the AHDB Group, including pay benefits and pension arrangements.
AHDB Board Members’ remuneration is based on a day rate of £307 (set by Defra) which is calculated into an annual fee, using amortised historical data. Board Members are paid monthly in arrears. The annual rates are as follows:
- Sector Chairs - £48,000 for a minumum of 156 days per year (New appointees from April 2013 will receive
£32,000 per annum for a minimum of 104 days per year)
- Independent Members - £11,100
for a minimum of 36 days per year
Board members are also able to claim reasonable travel expenses.
The AHDB Chairman’s remuneration is based on a day rate of £500 (set by Defra) which is calculated into an annual fee of £52,000, paid monthly in arrears.
The Chief Executive and Accounting officer of AHDB, who joined the organisation on 1 May 2010, is paid an annual salary of £150,000. This salary level was discussed and agreed with Defra and Defra Ministers in early 2010 and, at the Minister’s request, an open letter explaining the package in detail was written to the Secretary of State.
Senior Manager Remuneration
The remuneration of the AHDB Senior Executive Team who are responsible, with the Chief Executive, for managing AHDB's operations are published in July each year in the AHDB Annual Report and Accounts.