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The Board
The Board as a whole is responsible for the long-term success of the Group. The Board establishes the Group’s purpose, values and strategy and provides effective challenge to ensure that they are being carried out in practice across the business. It ensures that the Group maintains effective risk management and has robust internal controls.
The Board recognises that we are accountable to shareholders for good corporate governance. Our Annual Report & Accounts demonstrate our commitment to high standards of governance and sets out how the Group has complied with the UK Corporate Governance Code 2018.
Certain key matters requiring Board approval are set out in a formal Schedule of Matters Reserved, which the Board reviews annually. The composition of the Board can be found on the Board of Directors page.
Audit & Risk Committee
Responsibilities
• Oversees the Group’s financial reporting
• Monitors the adequacy and effectiveness of the risk management framework and the system of internal controls (including whistleblowing procedures)
• Reviews the effectiveness and independence of internal and external audit and the relationship with the external auditor
Composition:
Rachel Kentleton (Chair)
Simon Breakwell
Angela Luger
Remuneration Committee
Responsibilities
• Establishes the remuneration package for the Executive Directors, Chairman, Non-Executive Directors and senior management
• Ensures the remuneration packages are effective in aligning the interests of the Executive Directors and senior management with those of the Company’s shareholders and are linked to the successful delivery of the Company’s long-term strategy
• Reviews wider colleague pay and reward and assesses colleague engagement
Composition:
Simon Breakwell (Chair)
Robin Terrell
Rachel Kentleton
Angela Luger
Nomination Committee
Responsibilities:
• Recommends appointments to the Board
• Reviews the composition of the Board
• Oversees succession plans for the Board
• Review time commitments and external directorships of the Board
Composition:
Robin Terrell (Chair)
Simon Breakwell
Rachel Kentleton
Angela Luger