Tesco 2011 Annual Report Download - page 70

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Full Board meetings
Number of meetings
Number of
possible
meetings
attended
Actual
meetings
attended
Non-executive Directors
David Reid (Chairman) 9 9
Gareth Bullock
(appointed 3 July 2010)
4 4
Patrick Cescau
(Senior Independent Director
from 3 July 2010)
9 9
Stuart Chambers
(appointed 3 July 2010)
4 4
Karen Cook 9 9
Ken Hanna 9 9
Ken Hydon 9 9
Jacqueline Tammenoms Bakker 9 9
Executive Directors
Sir Terry Leahy
(retired 2 March 2011)
9 9
Richard Brasher 9 9
Philip Clarke 9 9
Andrew Higginson 9 9
Tim Mason 9 9
Laurie McIlwee 9 9
Lucy Neville-Rolfe CMG 9 9
David Potts 9 9
Past Non-executives Directors
Charles Allen CBE
(retired 2 July 2010)
5 5
Rodney Chase CBE
(retired 2 July 2010)
5 3
Harald Einsmann
(retired 2 July 2010)
5 5
The Board’s key activities
The Board governs through a number of key Committees – in particular
the Audit, Remuneration and Nominations Committees – to which
certain responsibilities and duties are delegated. These Committees
are properly authorised under the constitution of the Company to take
decisions and act on behalf of the Board within the parameters laid
down by the Board. The Board is kept fully informed of the work of
these Committees and any issues requiring resolution are referred
to the full Board as appropriate. A summary of the operations of
these Committees is set out below. The effectiveness of the Audit,
Remuneration and Nominations Committees is underpinned by their
Non-executive Director membership, which provides independent
insight on governance matters. A copy of each Committee’s Terms
of Reference is available on our website www.tescoplc.com/
boardprocess/. The Board is serviced by the Company Secretary, who
reports to the Chairman in respect of his core duties to the Board.
The table below shows the attendance of Directors at scheduled Board
meetings during the year.
Monitoring
Committees*
• Corporate
Responsibility
Committee
• Compliance
Committee
Main Board
Committees
• Audit Committee
• Remuneration
Committee
• Nominations
Committee
Operational
Committees
Joint Venture
Boards
Executive
Committee
Subsidiary
Boards
PLC Board
* Reports are discussed by PLC Board on a regular basis.
66
—
TESCO PLC Annual Report and Financial Statements 2011
GOVERNANCE
Directors’ report on corporate governance