Corporate Governance

The Board is committed to high standards of corporate governance and embraces the principles contained in the UK Corporate Governance Code.The following committees have been established and the terms of reference for each committee are available to download below:

Audit committee

The audit committee is comprised of the independent non-executive directors, Mike Robson (Chair) and Peter Maskell. The committee meets at least three times a year.  Its duties include keeping under review the scope and results of the audit and its cost effectiveness and monitoring the integrity of the financial statements.  In addition the committee is responsible for reviewing the Company’s internal control and risk management processes.
The committee’s full terms of reference are attached.

Audit_Committee_-_ToR_Dec_2017_Final.pdf

Remuneration committee

The remuneration committee is comprised of the independent non-executive directors Peter Maskell (Chair), Iain McCusker and Mike Robson. The committee’s responsibilities include setting salaries and remuneration packages for the executive directors and the chairman, and monitoring the remuneration of other senior executives.
The committee’s full terms of reference are attached.

TClarke_Plc_Remuneration_Committee_Terms_of_Reference.pdf

Nomination committee

The nomination committee is comprised of the independent non-executive directors Iain McCusker (Chair), Peter Maskell and Mike Robson.  The role of the committee is to lead the process for succession planning and board appointments and to make recommendations to the main board of TClarke Plc.
The committee’s full terms of reference are attached.

TClarke_Plc_Nomination_Committee_Terms_of_Reference.pdf