EasyJet 2015 Annual Report Download - page 58

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54 easyJet plc Annual report and accounts 2015
Corporate governance report continued
AUDIT COMMITTEE
ADÈLE ANDERSON,
CHAIR OF THE AUDIT COMMITTEE
During the year, the Audit Committee has continued to
devote significant time to reviewing the Group’s system
of risk management, internal controls, the integrity of the
Group’s financial reporting and the effectiveness of both
internal and external audit. In addition, the Committee has
led a competitive tender for external audit services which
followed best practice guidance, resulting in the
recommendation to reappoint PricewaterhouseCoopers LLP
as the Group auditors.
The Committee welcomes the changes to the revised UK
Corporate Governance Code, and the FRC’s Guidance on
Risk Management, Internal Control and Related Financial
and Business Reporting, published in September 2014.
These changes apply to the Group for the first time this
year and have been areas of focus for the committee.
Membership as at 30 September 2015
(all independent Non-Executive Directors)
Members of the committee
• Adèle Anderson (Chair)
• Keith Hamill
• Andy Martin
The Committee members have been selected to provide the
wide range of financial and commercial expertise necessary
to fulfil the Committee’s duties and responsibilities. Adèle
Anderson was a partner in KPMG until July 2011 and held roles
including Chief Financial Officer of KPMG UK, Chief Executive
Officer of KPMG’s captive insurer and Chief Financial Officer
of KPMG Europe. She currently chairs the audit committees
of Intu Properties Plc and Save the Children International.
Keith Hamill has had considerable experience as a director
of listed companies and was Finance Director of WH Smith,
Forte plc and United Distillers. Andy Martin was Group
Finance Director of Compass Group plc between 2004 and
2012, and prior to this held other senior financial positions
with First Choice Holidays plc (now TUI Group), Forte plc
and Granada Group plc. The Board considers the Committee
members’ financial experience to be recent and relevant for
the purposes of the Code.
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