Board committees

The Audit and Risk Committee

The Audit and Risk Committee consists of Richard Tolkien (Chair), Gavin Oldham, Francesca Ecsery and Gareth Thomas. It will meet at least twice a year and be responsible for ensuring that the financial performance of the Group is properly reported on and monitored and for reviewing internal controls, compliance, effectiveness and the cost of the audit. The Committee's Terms of Reference can be found here.

The Audit and Risk Committee has a Risk Sub-Committee. The Risk Sub-Committee consists of Richard Stone (Chair), Richard Tolkien, Mike Birkett, John Sargeant and David Elliott (Head of Compliance). It will meet at least four times a year and be responsible for monitoring Group risk and considering risk mitigation strategies.

 

The Remuneration Committee

The Remuneration Committee consists of Richard Tolkien, Francesca Ecsery, Gareth Thomas (Chair) and Gavin Oldham. It meets at least twice a year and is responsible for determining and agreeing with the Board the framework for the remuneration of the Chief Executive, all other Executive Directors and non-executives and such other members of executive management as it is designated to consider. It is furthermore responsible for determining the total individual remuneration packages of each director including, where appropriate, bonuses, incentive payments and share options. The Committee will ensure that the remuneration of newly appointed Executives and non-executives is within Share plc's overall policy. The Committee's Terms of Reference can be found here.

The Nomination Committee

The Nomination Committee consists of Richard Tolkien, Francesca Ecsery, Gareth Thomas and Gavin Oldham (Chair). It is responsible for identifying and nominating candidates to fill Board vacancies as and when they arise. It is also responsible for regularly reviewing the structure, size and composition (including the skills, knowledge, independence, experience and diversity) of the Board. The Committee also considers succession planning for directors, taking into account the challenges and opportunities facing the Group and what skills and expertise are therefore needed on the Board in future. The Committee's Terms of Reference can be found here.

The Corporate Investment Committee

The Corporate Investment Committee consists of Gavin Oldham (Chair), Francesca Ecsery, Gareth Thomas and Richard Tolkien. It is responsible for making recommendations to the Board of Share plc on the Group's policy for disposal and/or acquisition of major corporate investments such as shares in the London Stock Exchange plc or Euroclear plc. The Committee's Terms of Reference can be found here.