Best practice appointments and remuneration
To assist and advise the Board on matters relating to the appointment and remuneration of the non-executive directors, the Managing Director and other senior executives and employees of Colorpak, the Board has established a Nominations Committee.
The Nominations Committee’s role is to:
- review, assess and make recommendations to the Board on the necessary and desirable competencies of the non-executive members of the board of directors;
- oversee the selection and appointment practices for non-executive directors and senior executives of the Group;
- develop succession plans for the Board and to oversee development by management of succession planning for senior executives; and
- assist the Board in determining appropriate remuneration policies.