Leadership

Role and responsibilities of the Board and its principal committees

The Board is responsible to shareholders for good corporate governance, setting the Group’s strategic objectives, values and standards, and ensuring the necessary resources are in place to achieve the objectives.

The Board met on seven occasions during 2021, including a specific meeting to review the Group’s long-term and ESG strategy. The Board of Directors comprises eight members, of whom six are Non-Executive Directors and two are Executive Directors, led by the Group’s Non-Executive Chair, A.C. Quinn, who also chaired the Nomination Committee (A.C Quinn retired on 31 December 2021 and D. Dayan was appointed as Chair of the Board and as Chair of the Nomination Committee as of 1 January 2022). The Group Chief Executive is S.C. Harris, and the Senior Independent Non-Executive Director is I.B. Duncan, who also chairs the Audit Committee. E. Lindqvist is Chair of the Remuneration Committee and P. Larmon is the Chair of the Employee Engagement Groups. L. Chahbazi and K Boyd are Non-Executive Directors. Brief biographical details of all Directors are given on pages 44 to 45 of the annual report. During the year the Board intended to visit a number of overseas facilities, but due to COVID-19, the Board received plant presentations via video conferencing calls. Once physical plant visits are possible again, such events will involve meeting with local management and the workforce to understand more clearly technical and operational performance in countries where Bodycote has a significant presence.