Board Committees

Audit & Risk Committee

The Audit & Risk Committee meets at least four times a year and provides independent oversight of the Company’s systems for financial control, risk management and financial reporting to ensure that shareholders’ interests are properly protected. 

Audit & Risk Committee Terms of Reference

Remuneration Committee

The Remuneration Committee meets periodically when required to provide independent oversight of the remuneration arrangements for the executive Directors and senior executives below Board level.

Remuneration Committee Terms of Reference

Nominations Committee

The Nominations Committee meets periodically when required to ensure that the Board maintains an effective balance of skills and experience and that there is effective succession planning for senior positions within the Group.

Nominations Committee Procedures 

Nominations Committee Terms of Reference 

Executive Committee

The Executive Committee meets at least eight times a year and is tasked with overseeing and directing the activities of the Group and executing the Group’s strategic plan.

The work of the Executive Committee is supported by the following three sub committees:

  • Lean Enterprise Sub-Committee - drives operational best practice through the application of Lean business practices
  • Governance and Risk Sub-Committee – monitors and reviews matters relating to governance, compliance and risk management
  • Group Technology Strategy Board – develops the Group’s technology plan

Executive Committee Terms of Reference

Disclosure Committee

The Disclosure Committee meets periodically when required to consider GKN’s disclosure obligations in relation to material information. 

Disclosure Committee Terms of Reference