Huawei 2014 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2014 Huawei 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.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

111Corporate Governance Report
■ Improved employee compliance with BCGs by
publicizing major audit findings and non-compliance
cases.
■ Arranged discussions between the committee
Chairman and the external auditor on management
improvement proposals.
The AC comprises 10 members, including Supervisory
Board members, BOD members, and various experts.
■ Chairman: Mr. Liang Hua.
■ Members: Mr. Zhou Daiqi, Mr. Ren Shulu, Mr. Li
Jianguo, Mr. Yin Xuquan, Mr. Tian Feng, Mr. Song
Liuping, Mr. Yi Xiang, Mr. Li Jin'ge, and Mr. Hui
Chun.
Supervisory Board
Pursuant to the requirements of the Company Law of
the People's Republic of China, Huawei has established
a Supervisory Board. The key responsibilities of the
Supervisory Board include examining the company's
financial and operational status, monitoring the
responsibility fulfillment of BOD members and senior
management, as well as the standardization of BOD
operations. Members of the Supervisory Board attend
BOD meetings as non-voting participants.
In 2014, the Supervisory Board held nine meetings.
At the meetings, it evaluated the company's financial
position, received reports from the company's
supervisory functions, and assessed the responsibility
fulfillment of its own members and that of BOD
members. The Supervisory Board organized its own
candidate nomination and elected its executive
members. Throughout the year, members of the
Supervisory Board attended 12 meetings of the BOD
as non-voting participants, monitoring the company's
financial position, the responsibility fulfillment of
BOD members and senior management, and the
standardization of BOD operations.
On November 28, 2014, all the Representatives elected
five additional members of the Supervisory Board.
Currently, the Supervisory Board comprises nine
members.
■ Chairman: Mr. Liang Hua.
■ Executive members: Mr. Zhou Daiqi, Mr. Ren Shulu,
Mr. Li Jianguo, and Mr. Yin Xuquan.
■ Members: Mr. Tian Feng, Mr. Deng Biao, Mr. Song
Liuping, and Mr. Yi Xiang.
Rotating CEOs
Huawei implements the rotating CEO system under
the BOD's leadership. As the primary owner of the
company's operations and crisis management during the
tenure, the Rotating and Acting CEO is responsible for
the company's survival and development.
The Rotating and Acting CEO convenes and chairs the
company's EMT meetings. During routine management
decision making, the Rotating and Acting CEO promptly
notifies BOD and Supervisory Board members of
responsibility fulfillment.
Three Deputy Chairmen take turns to act as the Rotating
and Acting CEO for a tenure of six months. In 2014,
the acting tenures for the three rotating CEOs are as
follows:
■ Mr. Xu Zhijun: October 1, 2013 – March 31, 2014
■ Mr. Guo Ping: April 1, 2014 – September 30, 2014
■ Mr. Hu Houkun: October 1, 2014 – March 31, 2015