The board has established three principal board committees, to which it has delegated certain of its responsibilities. They are the Nomination committee, the Audit committee, and the Remuneration committee. The membership, responsibilities and activities of these committees are described later in this corporate governance report and, in the case of the Remuneration committee, in the Remuneration report on page 49. Membership of these committees is reviewed annually. Minutes of committee meetings are made available to all directors on a timely basis.
The full written terms of reference for the Nomination, Audit and Remuneration committees are available on the Company’s website (www.abf.co.uk) and hard copies are available on request.
Nomination committee
Current members: Charles Sinclair (chairman), Tim Clarke, Javier Ferrán, Lord Jay, Peter Smith
Further details of the Nomination committee can be found on page 41 of the Annual Report and Accounts 2011.
Audit committee
Current members: Peter Smith (chairman), Tim Clarke, Lord Jay.
Further details of the Audit committee can be found on page 42 of the Annual Report and Accounts 2011.
Remuneration committee
Current members: Charles Sinclair (chairman), Tim Clarke, Javier Ferrán, Lord Jay, Peter Smith
Details of the Remuneration committee and its policies can be found on pages 49 to 54 of the Annual Report and Accounts 2011.
The terms of reference of the Nomination committee, the Audit committee and the Remuneration committee are available on request and available from the following links:
Nomination committee terms of reference
Audit committee terms of reference
Remuneration committee terms of reference