Airbus 2014 Annual Report Download - page 23
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Please find page 23 of the 2014 Airbus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.An evaluation of the Board of Directors was com-
pleted early in 2015 with the support of Spencer
Stuart. Based on individual interviews with all
Board members, the study offered satisfactory
conclusions, and a few routes of improvement
detailed in the Board Report to the AGM.
In 2014, the Board realised that its present
replacement mechanism, implying the turnover
of large blocks every three years, created the
risk of a significant loss of experience when it
happens. Instead, the Board has decided to
introduce a smoother replacement schedule of
minimum one, maximum two directors every
year. The steps to implement this change will
be visible at the AGM in 2016.
We already have the opportunity to take a first
step towards an optimised turnover. This fol-
lows the resignation of Josep Piqué i Camps,
whose new executive duties, regretfully, can
no longer be combined with the demands of
being an Airbus Group Board member. His
proposed successor, Ms Amparo Moraleda,
has all the right qualities in terms of industrial
know-how and international experience to en-
rich the existing Board and make a vigorous
personal contribution. I look forward to wel-
coming her into the team.
Airbus Group has ambitious plans. As we look
to the time ahead, I believe shareholders can
continue to count on the support of a strong
and dedicated Board.
COMMITTEES OF
THE BOARD OF DIRECTORS
As of 1 April 2015
AUDIT COMMITTEE
Hermann-Josef Lamberti (Chairman)
Anne Lauvergeon
Michel Pébereau
Josep Piqué i Camps
REMUNERATION AND
NOMINATION COMMITTEE
Sir John Parker (Chairman)
Jean-Claude Trichet
Lakshmi N. Mittal
Hans-Peter Keitel
For more detailed information, please refer to the Corporate
Governance section in the Registration Document 2014.
€1.20*
DIVIDEND PER SHARE
* To be proposed to the Annual General Meeting 2015.
Denis Ranque
ANNUAL REVIEW 2014
21
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