114 Consolidated  Notes to the  Financial  Statements Note 47 – Key management personnel disclosures Key management personnel Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the  consolidated entity, directly or indirectly, including the Directors of the Parent Entity. The following persons were key management personnel of the consolidated entity during the financial year. Unless otherwise indicated they  were key management personnel for the entire period. The aggregate remuneration made to key management personnel of the consolidated entity is set out below: Further details are contained in the Remuneration Report, found in the Directors’ Report.  2012  $ 2011 $  Remuneration by category Short-term employee benefits 10,261,844 9,352,192 Post-employment benefits 817,223 814,553 Share-based payments 4,080,013 693,371 15,159,080 10,860,116 Name Position Non-Executive Directors Jeremy Maycock Chairman, Non-executive Director Les Hosking Non-executive Director Belinda Hutchinson Non-executive Director Sandra McPhee Non-executive Director Max Ould Non-executive Director Bruce Phillips Non-executive Director John Stanhope Non-executive Director Executive Directors Michael Fraser Managing Director and Chief Executive Officer  Executives Anthony Fowler Group General Manager Merchant Energy  Ken Hodgson Group General Manager Retail Energy Paul McWilliams Group Head of Corporate Support Services and Company Secretary  Stephen Mikkelsen Chief Financial Officer  Michael Moraza Group General Manager Upstream Gas