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:
Board members are also able to claim reasonable travel expenses.
The AHDB Chairman’s remuneration is set by Government and is an annual fee of £50,000, paid monthly in arrears for a minimum of 104 days per year.
The Chief Executive and Accounting officer of AHDB, who joined the organisation on 1 February 2015, is paid an annual salary of £130,000.
Senior Manager Remuneration
The remuneration of the AHDB Leadership 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.