RPS Annual Report 2007

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Dr Alan Hearne
Chief Executive

Aged 55. Alan Hearne holds a degree in economics and a doctorate in environmental planning. Following a period< of academic research into environmental planning he joined RPS in 1978, became a Director in 1979 and Chief Executive in 1981. Alan Hearne was the plc Entrepreneur of the Year in 2001, was made a Companion of the Institute of Management in 2002, a member of the Board of the Companions in 2007 and fellow of Aston Business School in 2006.

Service Contract
Date of contract		Unexpired term at 31 December 2007				Notice period
February 1997		12 months				12 months



Emoluments and compensation

				Emoluments excluding pensions				Pension (paid and provided)
	Basic salary	Bonus	Fees	Benefits	2007	2006	2005	2007	2006
	£000s	£000s	£000s	£000s	£000s	£000s	£000s	£000s	£000s
	365	312	–	19	696	587	509	***	308



Share options

			1 Jan 2007 Number	Exercised Number	31 Dec 2007 Number	Exercise Price	Market value at date of exercise	Date from which exercisable	Expiry date
			57,024	57,024	–	72.7p	326.8p	22/02/04
			33,780	33,780	–	125.0p	326.8p	08/02/03
			33,780	33,780	–	125.0p	326.8p	08/02/05
			42,982	42,982	–	171.0p	326.8p	06/03/04
			42,982	42,982	–	171.0p	326.8p	06/03/06
			62,500	62,500	–	149.0p	326.8p	14/03/05
			62,500	62,500	–	149.0p	326.8p	14/03/07
			62,500	62,500	–	111.0p	326.8p	20/03/06
			62,500	–	62,500	111.0p	N/A	20/03/08	20/03/15
			28,157	28,157	–	146.5p	326.8p	12/08/06
			28,157	–	28,157	146.5p	N/A	12/08/08	12/08/15




LTIP award
				1 Jan 2007 number	Granted number	Released	31/12/07	Market value of shares at grant	Market value at date of release
2004				251,012	–	251,012	–	123.5p	370.8p
2005				178,417	–	–	178,417	139p	–
2006				145,652	–	–	145,652	184p	–
2007				–	124,893	–	124,893	292.3p	–
Total				575,081	124,893	251,012	448,962



Share Incentive Plan
		Beneficial interest at 31 December 2007				Beneficial interest at 31 December 2006
Partnership shares					922				477
Matching shares					921				478
Total					1843				955



Beneficial interests
	Number of shares at 31 December 2007 and at 13 February 2008					Number of shares at 31 December 2006 and at 21 February 2007
Total					732,030				1,037,350




Committee membership – Board and Committee
				Full	Audit	Remuneration	Nomination	Corporate	Executive
				Board	Committee	Committee	Committee	Governance**	Committee
Number of Board and Committee meetings attended				9	–	–	–	2	*

* meets at least once a month
** Chairman
*** In 2006 the Remuneration Committee agreed to make a one-off payment of £300,000 to the pension plan of the CEO prior to 6 April 2006 representing six years of future annual contributions. No further pension contributions will be made during this period.