NOMINATIONS COMMITTEE REPORT
Mike Turner CBE Chairman of the Nominations Committee
The appointment and retention of strong Board candidates is key to the success of the Company. The Nominations Committee plays a vital role in ensuring the selection and recommendation of strong candidates for appointment to the Board. We keep under review the balance of skills, knowledge and experience on the Board and the composition of Board committees, with any changes recommended to the Board for its consideration. We also review succession planning, both to the Chief Executive and other executive Director positions.
Committee membership Mike Turner (Chairman)
Angus Cockburn Tufan Erginbilgic Shonaid Jemmett-Page Richard Parry-Jones Nigel Stein
In accordance with the provisions of the UK Corporate Governance Code, the majority of members are independent non-executive Directors. The Secretary to the Committee is Jos Sclater, General Counsel & Company Secretary. The Committee met four times in 2015. Our attendance at these meetings is set out in the table on page 63.
The role of the Nominations Committee is to lead the process for identifying, and making recommendations to the Board on, candidates for appointment as Directors and as Company Secretary, giving full consideration to succession planning and the leadership needs of the Group. It also: • makes recommendations to the Board on the composition of the Nominations Committee and the composition and chairmanship of the Audit & Risk and Remuneration Committees • keeps under review the structure, size and composition of the Board, including the balance of skills, knowledge, experience, ethnicity and gender and the independence of the non-executive Directors and • makes recommendations to the Board with regard to any changes. The Nominations Committee follows Board-approved procedures in making its recommendations. Written terms of reference that outline the Committee’s authority and responsibilities are available on our website at www.gkn.com.
GKN plc Annual Report and Accounts 2015