Recommendations:
- The evaluation of the chairperson of the Board requires that –
(a) an independent non-executive director of the Board or a senior lead independent non-executive director or independent service provider should be appointed by the Board to lead the process; and
(b) the chairperson should not be present when his or her performance is discussed the Board.
- The evaluation of the chief executive officer and other executive directors should be –
(a) carried out at least once a year by the chairperson of the Board or by the nomination committee;
(b) an evaluation of their performance as both directors and executives of the company and
(c) a guide to the remuneration committee in determining their remuneration.
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