HSBC 2008 Annual Report Download - page 293

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Directors met once without the Group Chairman to
appraise the Group Chairman’s performance.
In addition to the meetings of the principal
Committees referred to in the following pages,
12 other meetings of Committees of the Board (not
shown in the table below) were held during the year
to discharge business delegated by the Board.
All those who were Directors at the time
attended the 2008 Annual General Meeting.
Attendance record
Board
meetings (8)
Group Audit
Committee
meetings (8)
Nomination
Committee
meetings (5)
Remuneration
Committee
meetings (7)
Attended Attended Attended Attended
Lord Butler1 .............................................................................. 4 – – –
S A Catz2 ................................................................................... 4 23– –
V H C Cheng4............................................................................ 7 – – –
J D Coombe .............................................................................. 8 8 – 7
Baroness Dunn5 ........................................................................ 4 – 2 –
J L Durán .................................................................................. 7 – – –
R A Fairhead ............................................................................. 6 8 26 –
D J Flint .................................................................................... 8 83– –
A A Flockhart2 .......................................................................... 4 13– –
W K L Fung .............................................................................. 8 – – –
M F Geoghegan ........................................................................ 8 43– 13
S K Green ................................................................................. 8 135 13
S T Gulliver2 ............................................................................. 4 23– –
J W J Hughes-Hallett ................................................................ 7 6 4 –
W S H Laidlaw ......................................................................... 7 23– 37
J R Lomax8 ............................................................................... – – – –
Sir Brian Moffat5 ...................................................................... 5 132 –
Sir Mark Moody-Stuart ............................................................ 8 23– 7
G Morgan .................................................................................. 8 13– 7
N R N Murthy2 .......................................................................... 4 13– –
S W Newton9 ............................................................................ 7 6 – –
S M Robertson .......................................................................... 7 134 –
J L Thornton8 ............................................................................ – – – –
Sir Brian Williamson ................................................................ 8 135 –
1 Retired 30 May 2008 – eligible to attend 5 Board meetings.
2 Appointed 1 May 2008 – eligible to attend 4 Board meetings.
3 Attended by invitation, for all or part of meeting.
4 Appointed 1 February 2008 – eligible to attend 7 Board meetings.
5 Retired 30 May 2008 – eligible to attend 5 Board meetings and 2 Committee meetings.
6 Appointed a member on 30 May 2008 – eligible to attend 3 Committee meetings.
7 Appointed a member on 30 May 2008 – eligible to attend 3 Committee meetings.
8 Appointed 1 December 2008 – not eligible to attend any Board meetings.
9 Retired 10 October 2008 – eligible to attend 7 Board meetings and 6 Committee meetings.
Group Chairman and Group Chief Executive
The roles of Group Chairman and Group Chief
Executive are separated and held by experienced
full-time Directors.
There is a clear division of responsibilities at the
head of the Company between the running of the
Board and the executive responsibility for running
HSBC’s business. The Group Chairman’s
responsibilities include the long-term strategic
development of HSBC, the development of
relationships with governments and other significant
external parties and performance management of the
Group Chief Executive. The Group Chairman also
monitors the performance of the Group Finance
Director and, subject to the Group Chief Executive’s
recommendation, approves risk, capital allocation
and capital investment decisions within authorities
delegated by the Board. The Group Chief Executive
has responsibility for developing business plans and
delivering performance against these.
S K Green became Group Chairman at the
conclusion of the Annual General Meeting in 2006
and M F Geoghegan succeeded S K Green as Group
Chief Executive. The appointments were made after
consulting with representatives of major institutional
investors and explaining the succession planning and
independent external search process undertaken.
S K Green and M F Geoghegan stood for re-election
at the 2006 Annual General Meeting and were both