Huawei 2013 Annual Report Download - page 116

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In 2013, the Supervisory Board held four meetings.
At the meetings, the Supervisory Board reviewed
and approved regulations on its own operations,
and developed a work plan for the next three years.
According to the work plan, the Supervisory Board
will strengthen its operations in three aspects:
supervision of the responsibility fulfillment of BOD
members and senior management, monitoring
of the financial performance of the company,
and building of the Supervisory Board itself. In
addition, the Supervisory Board reviewed and
assessed the company’s financial performance,
and received reports by the company’s supervisory
departments. Throughout the year, members of
the Supervisory Board attended 12 meetings of
the BOD as non-voting participants, monitoring
the financial performance of the company, the
responsibility fulfillment of BOD members and
senior management, and the standardization of
BOD operations. In 2013, the Supervisory Board
began to appraise the annual responsibility
fulfillment of BOD members.
The Supervisory Board is comprised of five
members, who were elected by all the
Representatives. The members of the Supervisory
Board are Chairman Mr. Liang Hua, and members
Mr. Peng Zhiping, Mr. Ren Shulu, Mr. Tian Feng,
and Mr. Deng Biao.
Rotating CEOs
Huawei implements the rotating CEO system
under the leadership of the BOD. Acting as the
primary person of the company’s operations and
crisis management during his tenure, the Rotating
and Acting CEO is responsible for the company’s
survival and development.
The Rotating and Acting CEO is responsible for
convening and chairing the meetings of the
Executive Committee of the BOD. During routine
management decision making, the Rotating and
Acting CEO apprises members of the BOD and the
Supervisory Board of his responsibility fulfillment
in a timely manner.
Three Deputy Chairmen take turns to act as the
Rotating and Acting CEO for a tenure of six
months. In 2013, the acting tenures for the three
rotating CEOs are as follows:
■Mr. Guo Ping: October 1, 2012 – March 31, 2013
■Mr. Hu Houkun: April 1, 2013 – September 30,
2013
■Mr. Xu Zhijun: October 1, 2013 – March 31, 2014
115
Corporate Governance Report