EasyJet 2014 Annual Report Download - page 60

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58 easyJet plc Annual report and accounts 2014
Corporate governance report
BOARD COMMITTEES
The Committee reports that follow set out, amongst other
things, the responsibilities and activities of the Committees
in the past financial year. The terms of reference of each
Committee are documented and agreed by the Board. The
full text of the Committees’ terms of reference are available
in the governance section of easyJet’s corporate website:
http://corporate.easyJet.com
The Chair of each Board Committee formally reports back
to the Board.
Details of Directors’ attendance at Board and Board
Committee meetings is set out on page 67.
* The Fleet Oversight and Governance Committee was
dissolved in June 2014.
Key responsibilities
To assess the Company’s oversight of safety systems,
processes, operations and resources, and to review and
monitor the implementation of the Company’s annual
safety plan.
The Committee also examines specific safety issues
as requested by the Board. Where appropriate, the
Committee reviews relevant reports published by the
UK Air Accident Investigation Branch, major incidents that
have affected other operators, as well as other external
reports on matters relevant to safety and security.
As was the case prior to the establishment of this
Committee, independent safety reports from the Director
of Safety and Security are presented at every Board
meeting. The Committee ensures that both internal and
relevant external events are fully investigated and that
appropriate actions have been taken where necessary.
The Director of Safety and Security has a direct reporting
line to the Chairman which reinforces the independence
of safety oversight. In addition, the independent safety
expert has reported to the Board twice-yearly with his own
assessment of safety management within the airline. Further
information on the Safety Management System is provided
on page 37.
Highlights of the 2014 financial year
A range of safety-related matters have been reviewed by
the Committee during the 2014 financial year. Some of these
followed requests from the Board to carry out detailed
reviews of specific operational incidents following the regular
safety reports provided to the Board; others were reports of
safety actions taken by easyJet operational departments. This
included a review of the processes, identification and use of
pattern recognition for safety purposes, and also a review of
the cyber security threats to easyJet’s operations and the
mitigations in place to counter such threats.
The Board of easyJet plc
Chairman: John Barton
Safety Committee
Chair: Professor Rigas Doganis
See pages
58 to 59
Audit Committee
Chair: Adèle Anderson
See pages
60 to 63
Finance Committee
Chair: Adèle Anderson
See page
65
Remuneration Committee
Chair: Charles Gurassa
See pages
59 and 71 to 88
Nominations Committee
Chair: Charles Gurassa
See page
64
IT Governance and Oversight
Committee
Chair: John Browett
See page
65
Fleet Oversight and
Governance Committee*
Chair: Charles Gurassa
See page
66
“ The Safety Committee is now in its second year and
continues to make a difference to the effective safety
oversight of the Board.”
Membership as at 30 September 2014
(two independent Non-Executive Directors,
one independent safety expert, and one
Executive Director)
• Professor Rigas Doganis (Chair)
• Keith Hamill
• Carolyn McCall (Executive Director –
appointed to Committee on 1 July 2014)
• Geoff Want (independent safety expert)
Meetings held in the 2014
financial year: 4
SAFETY COMMITTEE
Professor Rigas Doganis
Chair of the Safety Committee