The Laird Board delegates certain responsibilities to its committees, whose terms of reference are documented and signed by the Board. The key terms are outlined below and the full terms of reference for each committee are available on the links below:
The Audit Committee has responsibility for:
Read the Audit Committee Terms of Reference
The Remuneration Committee has responsibility for:
The Remuneration Committee believes that having an incentive-driven remuneration package promotes the alignment of the interests of Executive Directors and shareholders. The policy on the remuneration of Executive Directors is regularly reviewed taking into account market practice, the individual's performance, the performance of Laird and other pay structures within Laird.
Detailed information can be found in the Directors’ Remuneration Report in the 2016 Annual Report (page 60).
Read the Remuneration Committee Terms of Reference
Directors’ Remuneration Policy & Disclosures:
The Nomination Committee has responsibility for:
Read the Nomination Committee Terms of Reference
The Administration Committee consists of any two or more Directors and deals with items of a routine and administrative nature.
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