EasyJet 2015 Annual Report Download - page 62

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58 easyJet plc Annual report and accounts 2015
Corporate governance report continued
NOMINATIONS COMMITTEE
JOHN BARTON,
CHAIR OF THE NOMINATIONS COMMITTEE
Key responsibilities
• Keeping under review the composition, structure and size of,
and succession to, the Board and its Committees.
• Succession planning for senior executives and the Board.
• Identifying and nominating, for the approval of the Board,
candidates to fill Board vacancies as and when they arise.
• Evaluation of the balance of skills, knowledge, experience
and diversity on the Board.
Highlights of the 2015 financial year
• Overseeing the selection process and appointment of the
new Chief Financial Officer and a new Non-Executive Director.
• Consideration of the appointments to the Board Committees
following the change in Board composition.
• Reviewing management’s succession plans for senior
executive positions.
Board appointments process
The Committee adopts a formal and transparent procedure
for the appointment of new Directors to the Board.
The Board’s practice is to use external recruitment consultants
for appointing Directors and as such, terms were negotiated with
JCA Group Limited (JCA) to act as easyJet’s search consultants
for the appointment of a new Chief Financial Officer. Other than
providing search consultancy services, JCA has no connection
with the Company. JCA was provided with a brief of the desired
candidate profile based on merit and against objective criteria,
and their services were used to conduct a search to identify
suitable candidates. A list of potential candidates was assessed
against these criteria and a number were interviewed by
members of the Board and Executive Management Team.
Andrew Findlay was appointed as Chief Financial Officer,
effective 2 October 2015.
While the Board’s practice is to use external search consultants
for appointing Directors, there are occasions where an individual
with particular relevant qualifications is identified as a potential
candidate to join the Board as a Non-Executive Director. This
was the case with Chris Browne and therefore no external search
consultancy or open advertising was used. Once the committee
became aware of her availability, it reviewed her experience and
skills and she was interviewed by members of the Board. She
was appointed to become a Non-Executive Director with effect
from 1 January 2016.
Diversity
The Board recognises the benefits of having diversity across
all areas of the Group and believes that this supports easyJet’s
continued success and advantage. When considering the
optimum make-up of the Board, the benefits of diversity of the
Board are appropriately reviewed and balanced where possible,
including in terms of differences in skills, industry experience,
business model experiences, gender, race, disability, age,
nationality, background and other contributions that individuals
may make. The Committee continues to encourage diversity of
business skills and experience, recognising that Directors with
varying skill sets, capabilities and experience gained from
different geographic and cultural backgrounds enhance the
Board. In identifying suitable candidates the Committee will seek
candidates from a range of backgrounds, with the final decision
being based on merit against objective criteria.
The Company has two female Directors, one being the Chief
Executive. Following the appointment of Chris Browne, the Board
will have 30% female representation from 1 January 2016. The
Company’s policy on diversity applies across all levels of the
organisation, and further details can be found in the Corporate
responsibility section on pages 35 to 36.
During the year the Committee undertook a search for a new
Chief Financial Officer, reviewing the make-up of the Board
Committees given the new Board make up at the beginning
of the year, ensuring that the newly appointed NEDs were
embedded in the Board and continuing to review succession
plans within the Board and the Executive Management Team.
Membership as at 30 September 2015
(members are independent Non-Executive Directors
and the Non-Executive Chairman of the Board)
Members of the committee
• John Barton (appointed Chair effective from 1 December 2014)
• Charles Gurassa
• François Rubichon
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