Board Committees
The Board of Directors
The Board meets formally 4 times a year primarily to discuss company strategy, current progress in achieving company goals and future performance of the Company. In addition the board holds regular update calls to ensure that the non-executive directors are fully appraosed of operational developments.
The Board consists of Fred Mulder as executive Chairman and Tom Trainer and Adrie Reinders as non-executive directors. Board meetings are also attended by Maarten Bisseling, the Group Chief Executive Officer and Wim Seynaeve, acting Group Financial Officer.
The Company operates Audit, Remuneration and Nomination Committees.
The Chair of the Audit Committee is Adrie Reinders. It meets at least twice a year and provides a forum through which the Company’s auditors report to the Board.
The Chair of the Remuneration Committee is Tom Trainer. It meets twice a year and its function is to determine and agree with the Board the framework or broad policy for the remuneration of the Company’s executive Chairman and such other members of the senior executive management as it is designated to consider.
The Chair of the Nomination Committee is Fred Mulder. It meets at least once a year and its function is to consider the appointment and reappointment of Directors.