The Board, which is responsible to shareholders for leading, developing and protecting the interests of the Company, comprises five non-executive directors and three executive directors, the details of whom are provided elsewhere on this site under Team.
There is a clear division of responsibilities at the head of the Company through the separation of positions of the non-executive chairman and the managing director. The non-executive directors are of varied backgrounds and experience and the Board looks to them to exercise independent and objective judgment.
The Board retains full and effective control over the Company. The Company holds regular Board meetings at which financial and other reports are considered and, where appropriate, voted on. In addition to these meetings, further meetings are arranged when necessary to review strategy, planning, operational and financial performance, risk and capital expenditure and human resource and environmental management. The Board is also responsible for monitoring the activities of the executive management.
The assistance of the company secretary is available to the non-executive directors who may, if needed, obtain independent professional advice, at the Company 's expense, in the execution of their duties.
The directors have established an Audit Committee and a Remuneration Committee. Corporate Governance, Nominations and Health and Safety are dealt with by the full Board at the present time.