Shareholder centre
Corporate Governance :: The Board
Performance Reviews
Regular reviews of individual and collective performance are carried out. The Board Charter provides for annual reviews of Board composition and Board, Non-Executive Director and Standing Committee performance. In addition, the Board receives an annual report from the Remuneration and Nominations Committee on the Managing Director’s performance, in particular with respect to achievement of strategic objectives and targets.
Director Education
TOWER Australia Group is committed to ensuring its Directors have the knowledge and information necessary to discharge their responsibilities effectively. The Board is developing an induction process for new Board and Standing Committee appointees and a formal letter of appointment for Directors.
The Board allows Directors and the Standing Committees to obtain independent professional advice. The Company meets the cost of such advice. All Directors have access to the Company Secretary and to additional information which they consider necessary for informed decision-making.
