Vodafone 2011 Annual Report Download - page 55

Vodafone Group Plc Annual Report 2011 53
Governance
9 106 7 8
11 12 13 1514
1986, and was formerly Executive President of AngloGold Ashanti Limited, a
director of Lonmin Plc and a member of the Advisory Council of the President
of the African Development Bank. He is an advisor to the Presidents of Nigeria
and Togo and previously served as an advisor to the Presidents of South Africa
and Ghana. An Honorary Knighthood was conferred on him by Her Majesty the
Queen in 2003 and in 2006 he was awarded Ghana’s highest national award,
the Companion of the Order of the Star.
9. Nick Land§, aged 63, joined the Board in December 2006 and is Chairman
of the Audit Committee. Solely for the purposes of relevant legislation he is
the Board’s appointed financial expert on the Audit Committee. In June
2006 he retired as Chairman of Ernst & Young LLP after a distinguished
career spanning 36 years with the firm. He became an audit partner in 1978
and held a number of management appointments before becoming
Managing Partner in 1992. He was appointed Chairman and joined the
Global Executive Board of Ernst & Young Global LLP in 1995. He serves as a
non-executive director of Alliance Boots GmbH, BBA Aviation plc and the
Ashmore Group plc and was appointed as a non-executive director of the
Financial Reporting Council on 1 April 2011. He is an advisor to the board of
SNR Denton LLP, a member of the Advisory Board of Alsbridge plc, Chairman
of the Board of Trustees of Farnham Castle, and is a member of the Finance
and Audit Committees of the National Gallery. He is also Chairman of the
board of trustees of the Vodafone Foundation.
10. Anne Lauvergeon§, aged 51, joined the Board in November 2005. She is
Chief Executive Officer of AREVA Group, the leading French energy company,
having been appointed to that role in July 2001. She started her professional
career in 1983 in the steel industry and in 1990 she was named Advisor for
Economic International Affairs at the French Presidency and Deputy Chief
of its Staff in 1991. In 1995 she became a Partner of Lazard Frères & Cie,
subsequently joining Alcatel Telecom as Senior Executive Vice President in
March 1997. She was responsible for international activities and the Group’s
industrial shareholdings in the energy and nuclear fields. In 1999 she was
appointed Chairman and Chief Executive Officer of AREVA NC. She is currently
also a member of the Advisory Board of the Global Business Coalition on
HIV/AIDS and a non-executive director of Total S.A. and GDF SUEZ.
11. Luc Vandevelde†‡, aged 60, joined the Board in September 2003 and is
Chairman of the Remuneration Committee. He is a director of Société
Générale and the Founder and Managing Director of Change Capital
Partners LLP, a private equity fund. He was formerly Chairman of the
Supervisory Board of Carrefour SA, Chairman of Marks & Spencer Group plc
and Chief Executive Officer of Promodès, and has held senior European and
international roles with Kraft General Foods.
12. Anthony Watson CBE‡†, aged 66, was appointed to the Board in May
2006. He is currently Chairman of Marks & Spencer Pension Trust Ltd and is
the Senior Independent Director of Hammerson plc and Witan Investment
Trust. He is a non-executive director of Lloyds Banking Group plc and sits on
the Advisory Board of Norges Bank Investment Management. He joined the
Board of the Shareholder Executive in October 2009, having been a member
of its Advisory Group since April 2008. Prior to joining the Vodafone Board
he was Chief Executive of Hermes Pensions Management Limited, a position
he had held since 2002. Previously he was Hermes’ Chief Investment Officer
having been Managing Director of AMP Asset Management plc and the
Chief International Investment Officer of Citicorp Investment Management
from 1991 until joining Hermes in 1998. He was Chairman of The Strategic
Investment Board in Northern Ireland until he retired in March 2009. In
January 2009 he was awarded a CBE for his services to the economic
redevelopment of Northern Ireland.
13. Philip Yea‡, aged 56, became a member of the Board in September 2005.
He has held a number of roles in the private equity industry, most notably at
3i Group plc where he was Chief Executive from 2004 until January 2009, and
prior to 3i at Investcorp, where his main focus was on the turnaround and
performance of portfolio investments. He is a former Finance Director of
Diageo plc, the global drinks group, where as Finance Director of Guinness
plc he was closely involved in the creation of Diageo through Guiness’s
merger with Grand Metropolitan P.L.C. in 1997. Philip holds a number of
advisory positions including to HRH The Duke of York in his role as the UK’s
Special Representative for International Trade & Investment, as well as to
PricewaterhouseCoopers in the UK and Bridges Ventures. He is also Chairman
of the trustees of the British Heart Foundation. He has previously held
non-executive roles at HBOS plc and Manchester United plc.
Appointments since the 2010 AGM
14. Renee James, aged 46, joined the Board in January 2011. She is Senior
Vice President and General Manager of the software and services group for
Intel Corporation with responsibility for delivering software products and
support across Intel’s entire product line by building and distributing
software and services products and partnering with independent software
partners in the industry. In addition, she is the Chairman of the software
subsidiaries of Intel, Havok, WIndRiver Systems and McAfee, and also serves
as an independent director on the VMware Inc. Board of Directors and is a
member of its Audit Committee. She holds bachelor’s and master’s degrees
from the University of Oregon.
15. Gerard Kleisterlee, aged 64, was appointed to the Board on 1 April 2011.
He retired as President/Chief Executive Officer and Chairman of the Board of
Management and the Group Management Committee of Koninklijke Philips
Electronics N.V. (‘Philips’) on 31 March 2011 after a career with Philips spanning
over more than three decades. He has been a member of the Daimler AG
Supervisory Board since April 2009, a non-executive director of the Supervisory
Board and member of the Audit Committee of Royal Dutch Shell since
November 2010, and a member of the Board of Directors of Dell since
December 2010. He will succeed Sir John Bond as Chairman of the Company
on conclusion of the AGM on 26 July 2011.
§ Audit Committee
† Nominations and Governance Committee
‡ Remuneration Committee