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nomination committee

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › nomination committee

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Kim Smith.
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  • July 15, 2021 at 3:01 am #627782
    Noah098
    Member
    • Topics: 935
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    • ☆☆☆☆☆

    maam are the members of Nomination committee part of Board? Like can they be elected from nomination committee to Board?

    Or that using advertising and/or hiring of external search consultancy an outsider is elected to Board?

    July 15, 2021 at 8:05 am #627817
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8284
    • ☆☆☆☆☆

    If you want to get into this level of detail you could look at the corporate governance report in an published annual report – for example this one https://corporate.marksandspencer.com/documents/msar2020/m-and-s_ar20_full_200528.pdf

    Starting on page 46 you can see that members of the board may sit on other committees – but not all committee members sit on the board.

    The services of an outside consultant might be used to find a suitable candidate to join a company at board level – but the board will choose from the shortlist – and the members will vote on the appointment.

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