Peachtree 2015 Annual Report Download - page 75

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Nomination Commiee
“ The Commiee continually evaluates
the skills, knowledge and experience
required for a successful board in a
changing industry.”
— Donald Brydon
Chairman of the Nomination Commiee
Nomination Commiee Membership:
– Donald Brydon – Chairman
– Jonathon Howell
– Neil Berke
– Drummond Hall
– Inna Kuznetsova
– Ruth Markland
Key objective
To review the composition of the Board and to plan for its progressive
refreshing, with regard to balance and structure. The Commiee also
considers issues of succession.
Commiee meetings
The Commiee is required, in accordance with its terms of reference,
to meet at least once per year. During the year, the Commiee
mettwice.
Responsibility Activity
Reviewing the structure of the Board The Commiee dealt with the appointment of a new Chief Executive Officer
Evaluating the balance of skills, knowledge,
experience and diversity of the Board
The Commiee considered the skills, knowledge, independence and experience of the Board and
reaffirmed the approach to diversity, as described on page 54
Advising the Board on areas where further
recruitment may be appropriate
The Commiee considered the skills and experience of the Board members. It continues this review
on an on-going basis
Succession planning for key executives at Board
level and below and for non-executive directors
TheCommiee has continued to work to ensure appropriate succession and mix amongst both the
executive and non-executive directors, as shown on pages 60 and 61.
Board appointments
The appointment of Stephen Kelly as Chief Executive Officer
was announced in August 2014,and he joinedthe Board on
5 November 2014.
In identifying a new Chief Executive Officer, the Commiee retained
the services of executive search consultants, Egon Zehnder. Egon
Zehnderworked closely with the Chairman who led the process
on behalf of the Commiee.
A number of potential candidates were identified by the consultants and
some candidates approached Sage directly. An initial long list ofpossible
appointees was discussed with the Chairman, from which a short
list was created. All candidates on the short list were interviewed
by Commiee members. Following the interviews andfully considering
the experience and skills of the candidates, as well asthe diversity of the
Board, the Commiee unanimously recommended the appointment of
Stephen Kelly as Chief Executive Officer to the Board.
Egon Zehnder has no connection with Sage or the appointed director
other than for the provision of these services and services relating to
other Sage Board appointments.
Duringthe year the Commiee alsoassessed the skills, knowledge,
independence and experience of the Board anddetermined that
no further appointments were necessary at that time.
Gender
The Board and the Commieecontinue to value the aims and objectives
of The Davies Report on Women on Boards. In considering appointments
to the Board and to senior executive positions, it isthe policy of the
Commiee to evaluate the skills, experience and knowledge required by
a particular role with due regard for the benefit of diversity on the Board
and at senior management level and make an appointment accordingly.
Further details on the approach to diversityare set out on page 54.
The Sage Group plc | Annual Report & Accounts 2015 73
FINANCIAL STATEMENTSGOVERNANCESTRATEGIC REPORT