Lenovo 2016 Annual Report Download - page 108

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106 Lenovo Group Limited 2015/16 Annual Report
COMPENSATION COMMITTEE REPORT
THE COMPENSATION COMMITTEE
The compensation committee (the “Committee”) of the board of directors (the “Board”) of Lenovo
Group Limited (the “Company”) as of the date of this annual report is comprised of four members, all
of whom are non-executive directors of the Company (the “Non-executive Directors”) and majority of
whom including the Committee chairman are independent non-executive directors of the Company (the
“Independent Non-executive Directors”).
The members who held office during the year and up to the date of this annual report are:
Chairman Ms. Ma Xuezheng Independent Non-executive Director
Member Mr. William Tudor Brown Independent Non-executive Director
Member Mr. William O. Grabe Independent Non-executive Director and
Lead Independent Director
Member Mr. Zhu Linan Non-executive Director
Member Mr. Ting Lee Sen Independent Non-executive Director (retired on
July 2, 2015)
More information on the skills and experience of the members of the Committee may be found in the
directors’ biographies set out on pages 140 to 143 of this annual report.
RESPONSIBILITIES
The Committee is delegated by the Board with the responsibility to consider (i) the Company’s structure
and aggregate value of compensation programs for chairman of the Board (“Chairman”), chief executive
officer (“CEO”), other directors and senior management; (ii) the establishment of a formal and transparent
procedure for developing policy on compensation; (iii) the determination of the compensation level and
package paid to the Chairman, CEO, other directors and senior management; and (iv) reviewing the
recommendation from independent consultant on the compensation of Non-executive Directors.