The Audit & Risk Committee comprises the Non-Executive Directors and is chaired by Liz Catchpole. The Committee meets at least twice a year and these meetings are attended by the Group’s external auditor and, through invitation, the Executive Directors.
The Committee oversees GBG’s financial reporting process on behalf of the Board. GBG’s management has the primary responsibility for the financial statements and for maintaining effective internal control over financial reporting. In fulfilling its oversight responsibilities, the Committee reviewed and discussed the audited consolidated financial statements in the Annual Report with the external auditor and management, including a discussion of the quality, not just the acceptability, of the accounting principles; the reasonableness of significant judgments; the clarity of disclosures in the financial statements; and for assessing the effectiveness of internal control over financial reporting.
The primary role of the Audit & Risk Committee is to:
The full terms of reference for the Audit & Risk Committee can be found here.
The Remuneration Committee is chaired by Natalie Gammon and comprises the Non-Executive Directors. The Committee meets at least twice a year.
The primary role & responsibilities of the Remuneration Committee are:
The full terms of reference for the Remuneration Committee can be found here.
The membership of the Nomination Committee is drawn from the Board as and when required. During the year, the Committee comprised of David Rasche as Chair of the Committee and Non-Executive Directors, Dick Linford (now retired) and Charmaine Carmichael, as well as the Executive Directors Chris Clark and Dave Wilson
The primary role & responsibilities of the Nomination Committee are:
The full terms of reference for the Nomination Committee can be found here.