Nomination Committee Flashcards
(4 cards)
1
Q
What is the composition of the Nomination Committee?
A
Majority independent NEDs; the Board Chair cannot chair the committee when selecting their successor.
2
Q
What is the function of the Nomination Committee?
A
Oversees board appointments, passing on leadership roles, and promotes diversity.
3
Q
What are the advantages of having a Nomination Committee?
A
Ensures structured recruitment, promotes diversity, and supports succession planning.
4
Q
Name disadvantages of the Nomination Committee.
A
Risk of tokenism, subtle Chair influence, and dependency on external consultants.
