Huawei 2014 Annual Report Download - page 109

107Corporate Governance Report
■ Establish the company's governance structure and
organize its optimization and deployment.
■ Decide on the selection, appraisal, and compensation
of the Chief Executive Officer; and approve the
appointment and compensation of other members
of senior management.
■ Approve the corporate-level HR planning and major
HR policies.
In 2014, the BOD held 12 meetings. At the meetings,
the BOD reviewed and approved matters such as the
company's medium-to-long-term development plan,
annual business plan and budget, BOD committee
operations, compensation and incentives, management
transformations, information security, M&A, and
cooperation. In addition, the BOD organized a training
session for new directors.
Currently, the BOD has 17 members, who were elected
by all Representatives.
■ Chairwoman: Ms. Sun Yafang
■ Deputy Chairmen: Mr. Guo Ping, Mr. Xu Zhijun, Mr.
Hu Houkun, and Mr. Ren Zhengfei
■ Executive Directors: Mr. Xu Wenwei, Mr. Li Jie, Mr.
Ding Yun, and Ms. Meng Wanzhou
■ Directors: Ms. Chen Lifang, Mr. Wan Biao, Mr. Zhang
Ping'an, Mr. Yu Chengdong, Mr. Li Yingtao, Mr. Li
Jin'ge, Ms. He Tingbo, and Mr. Wang Shengli
The BOD has established the Executive Committee,
which acts as the executive body of the BOD while it
is adjourned. Members of the Executive Committee
include Mr. Guo Ping, Mr. Xu Zhijun, Mr. Hu Houkun,
Mr. Xu Wenwei, Mr. Li Jie, Mr. Ding Yun, and Ms. Meng
Wanzhou. In 2014, the Executive Committee held 16
meetings.
Human Resources Committee
The Human Resources Committee (HRC) manages and
optimizes core corporate elements such as organization,
talent, incentives, and culture. It operates under the BOD
to develop, determine, and oversee the implementation
of key policies and transformation initiatives relating
to HR management. The committee aligns HR policies
with the company's HR management philosophy and
core concepts to ensure policy consistency. These
policies also reflect the business characteristics and
management models of departments at all levels to
support business development.
The main responsibilities of the HRC are to:
■ Manage HR initiatives for key managers and
talent (including succession planning, deployment,
appointments/removals, performance appraisals,
compensation, and incentives).
■ Set policies for incentives, benefits, the compensation
structure, and job matching.
■ Set policies for organizational development and
optimization; and manage HR budgets and staffing
for each budgetary unit.
■ Set policies for and provide guidance on learning
and development.
■ Set policies for employee discipline and oversee
disciplinary action for major violations.
■ Set policies for and provide guidance on health and
safety.
■ Manage HR strategic planning and key HR
transformation initiatives.
The HRC holds monthly meetings. Business executives,
HR executives from key departments, and various
experts are invited to attend as non-voting participants.