The Board continues to be committed to high standards of corporate governance. The Board strives to provide the right leadership, strategic oversight and control environment to produce and sustain delivery of value to all of the Company’s shareholders. The Board applies integrity, principles of good corporate governance and accountability throughout its activities and each Director brings independence of character and judgement to the role. All of the members of the Board are individually and collectively aware of their responsibilities to the Company’s stakeholders.
The Company complies with the provisions of the UK Corporate Governance Code published in June 2010 by the Financial Reporting Council www.frc.org.uk.
The Board has three principal committees.
Audit committee
The members of this committee are all independent non-executive directors:
- Darren Shapland (Chairman)
- Christine Hodgson
- John Kelly
Terms of reference
Policy in respect of the provision of non-audit services by external auditor
Nomination committee
In addition to the Chairman of the Board, the members of this committee are all independent non-executive directors:
- Peter Erskine (Chairman)
- John Jarvis
- John Kelly
- Christopher Rodrigues
Terms of reference
Remuneration committee
The members of this committee are all independent non-executive directors:
- Christopher Rodrigues (Chairman)
- Peter Erskine
- John Jarvis
- Sly Bailey
- Christine Hodgson
- Richard Moross
Terms of reference
Remuneration consultants
Board evaluation
Evaluation Facilitators
Read more about our Corporate Governance in our most recent annual report.