The Board - Composition and Roles | Aggreko

Board Composition and Committees

Composition of the Board

The Board currently comprises 12 Directors; a Chairman, CEO, CFO, three other Executive Directors and six Non-executive Directors. All members of the board stand for re-election at every Annual General Meeting.

Aggreko Diversity Metrics chart

The Role of the Board

The Board focuses on:

  • Driving the Group's long term objectives
  • Oversight of operations, ensuring we have competent and prudent management
  • Sound planning and internal control
  • Developing strong leadership and succession plans
  • Protecting our reputation and the relationships we have with customers, suppliers and employees.


How we divide our responsibilities

Chairman

Responsible for leading the Board, its effectiveness and governance. Setting the agenda to take full account of the issues and concerns of the Directors and ensuring the links between the Shareholders, Board and management are strong.

Chief Executive Officer

Responsible for the day-to-day leadership, management and control of the Group, for recommending the Group strategy to the Board and ensuring that the strategy and decisions of the Board are implemented.

Chief Financial Officer

Supports the Chief Executive Officer in devising and implementing strategy in relation to the financial and operational performance of the Group.

Senior Independent Director

Provides a sounding board for the Chairman, acts as an intermediary for the other Directors when necessary and is available to meet with Shareholders.

Independent Non-executive Directors

Constructively challenge the Directors and monitor the delivery of the Group strategy within the risk and control environment set by the Board.

Regional Executive Directors

Supports the Chief Executive Officer and Chief Financial Officer in relation to devising and implementing strategy in relation to their specific region.

Company Secretary

Supports the Chairman and Chief Executive Officer and is available to all Directors for advice and support. Informs the Board and Committees on governance matters and responsible for development of corporate governance policies.


Board Committees


Aggreko Board Composition chart

Audit Committee

Monitors and reviews the integrity of Aggreko’s financial statements, as well as monitoring the relationship with the external auditor and oversight of our systems for internal control and risk management.

The members of the Committee are available on the Board and Management page. Select 'Audit' from the 'Select a Committee' list to view them.


Ethics Committee

Monitors Compliance and oversees the effectiveness of our ethical policies and procedures to ensure that Aggreko conducts its business with integrity and honesty and in accordance with the law.

The members of the Committee are available on the Board and Management page. Select 'Ethics' from the 'Select a Committee' list to view them.


Nomination Committee

Monitors and reviews the composition and balance of the Board and its Committees to ensure Aggreko has the right structure, skills and diversity of experience in place for the effective management of the Group.

The members of the Committee are available on the Board and Management page.  Select 'Nomination' from the 'Select a Committee' list to view them.


Remuneration Committee

Determines the remuneration for Executive Directors and the Executive Committee members and overseas Aggreko’s overall remuneration policy, strategy and implementation.

The members of the Committee are available on the Board and Management page.  Select 'Remuneration' from the 'Select a Committee' list to view them.

Remuneration Policy for 2014 is set out on pages 83 to 88 of our 2013 Annual Report.

Remuneration Policy for 2015 is set out on pages 98 to 104 of our 2014 Annual Report.


Allotment Committee

Responsible for decisions regarding the allotment of shares.

Disclosure Committee

Supports the Board in approving the final form of any announcement or statement relating to the performance of the Group.

Finance Committee

Responsible for funding and treasury decisions.


Articles of Association

The Aggreko plc Articles of Association are available for download here.

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Related Pages

Aggreko's objective is to have a strong control environment that minimises risk.