The CEO of Peab received a salary including benefits of SEK 4,984 thousand (4,212) in total in 2012.
No variable remuneration for 2012 was paid (SEK 47 thousand). Pension premiums paid out for the CEO amounted to SEK 2,304 thousand (1,934) during the year.
Pension commitments for the CEO give him the right to pension from the age of 65. There is a supplementary commitment whereby the company or the CEO can trigger early retirement from the age of 62. Annual pension premiums of 47 percent of basic salary are paid for these commitments. These pensions are part of defined contribution plans.
Notice on the part of Peab is a maximum of 24 months and the CEO is required to give a maximum of six months notice. If a severance pay is paid the total remuneration for salary during the period of notice and severance pay may not exceed 24 monthly wages.