Nominations

Role of the committee

The role of the committee is to:

  • Regularly review the composition and structure of the Board and its Committees
  • Identify and recommends for Board approval suitable candidates to be appointed to the Board
  • Consider succession planning processes for the Group as well as specific succession plans for Directors and other senior executives taking into account diversity, experience, knowledge and skills

The full Nomination Committee Terms of Reference are available for download. 

Activities

Board and senior management succession planning has been a key focus during 2016, with attention given to maintaining continuity over the coming years.

The Committee has taken an active role in reviewing the Group's top 200 most senior executives, as well as those identified as ‘emerging talent’. One of our principal objectives is to build a strong talent pipeline, and so a key focus has been to develop employee skills and capability for the future.

Tim Weller resigned in 2016 to join G4S plc. Following a considered succession exercise, Alastair Cochran was welcomed as Chief Financial Officer.

Kathleen Hogenson stepped down from the Board and so we initiated a search for a new Non-executive Director. We were pleased to appoint Jane Sadowsky in November 2016. Jane stepped down from the Board in May 2017

Read Rijnhard van Tets’ 2016 Nominations Committee Report

The Committee is very aware of its responsibilities in relation to succession planning to ensure that unforeseen changes are managed effectively. 

Rijnhard van Tets, Chairman of the Nominations Committee

Rijnhard van Tets