Lenovo 2014 Annual Report Download - page 38
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36 Lenovo Group Limited 2013/14 Annual Report
CORPORATE GOVERNANCE REPORT
THE BOARD
Board Composition
The composition, experience and balance of skills of the Board are regularly reviewed to ensure that the mix of skills
and experience is appropriate to meet the needs of the Company and its subsidiaries (collectively the “Group”). As of
the date of this annual report, there were ten Board members consisting of one executive director, two non-executive
directors and seven independent non-executive directors.
In 2013, Mr. Yang Chih-Yuan Jerry (“Mr. Jerry Yang”) was appointed as an observer of the Board of the Company (the
“Board Observer”). As a Board Observer, Mr. Jerry Yang will not have the power to vote at any Board meeting and
will not exercise any other rights of a director at such meeting. He is neither a director nor an officer of the Company or
any subsidiary of the Company, and does not have any management role in the Company or any of its subsidiaries. His
primary role is to attend relevant Board meetings and to participate in such meetings by providing his views on matters
being considered by the Board.
As a means of enhancing corporate governance of the Company, Mr. Grabe, an independent non-executive director of
the Company, was appointed by the Board as the Lead Independent Director in 2013. The Lead Independent Director
is not an executive position in the Company and does not have any management role in the Company or any of its
subsidiaries. The role of the Lead Independent Director are set out on page 38 of this report.
The Board diversity mix is shown below while the detailed biographies and a snapshot of the Board’s experience are
set out on pages 105 to 108 of this annual report.
10
8
6
4
2
0
Remarks:
ED – Executive director
NED – Non-executive director
INED – Independent non-executive director
Number of directors
Directorship
with other
public
companies
(Number of
companies)
Board
tenure
(Number
of years)
Age
group
GenderDesignation
Female
Male 56 - 65
45 - 55
over 65
over 5
3 - 5
0 - 2
5 - 10
over 10
below 5
ED
NED
INED
100%
80%
60%
40%
20%
0%
Areas of experience
Percentage
Accounting /
Internal
controls
IT industryGlobal
operations Equity
investment /
Financial