How we govern the group
The Board is responsible for the overall governance of the company. Its responsibilities include setting the strategic direction of the company, providing leadership to put the strategy into action and to supervise the management of the business.
Matters Reserved for the Board
The Audit Committee is chaired by Vijay Thakrar. Its other members are; Jon Pither, David Armfield and Stephen Beechey. The committee is responsible for monitoring and reviewing the integrity of the financial reporting process, including the appropriateness of any judgements and estimates taken in preparing the financial statements; internal and external audit functions; and internal financial controls.
Audit Committee Terms of Reference
The Remuneration Committee is chaired by Jon Pither. Its other members are; David Armfield, Vijay Thakrar and Stephen Beechey. The committee is responsible for determining the remuneration policy and the application of the policy in relation to the Chairman’s and Executive Directors’ remuneration. The remuneration of the Non-Executive Directors is determined by the Chairman and the Executive Directors.
The Nomination Committee is chaired John McCall. Its other members are; Jon Pither and David Armfield. The committee is responsible for reviewing the size, structure and composition of the Board, including the consideration of skills, knowledge and experience of the Board members. It also manages succession planning and selects potential new Board candidates when appropriate.
Nomination Committee Terms of Reference