The Nominations Committee's purpose is to consider future appointments to the Board and the succession policy for key management positions.
The current membership of the Committee is:
Mr Julian Waldron
(Chairman, member since 2009)
Mr Marco Capello
(Member since 2010)
Ms Fiona Czerniawska
(Member since 10 March 2017)
The UK Corporate Governance Code recommends that a majority of the members of a nominations committee should be independent non-executive directors and the Committee complies with this recommendation.
The Nominations Committee adopted formal terms of reference dated 14 March 2003. These were updated on 2 March 2007.
The Committee meets on an ad hoc basis as required. The Committee has ongoing succession plans particularly in respect of non-executive directors approaching retirement due to their length of service.