Committees

Committees & terms of reference

Here at Trifast we believe in effective, entrepreneurial and prudent management, using good corporate governance practice to deliver long term success for Trifast and all its stakeholders

 
 
 

The plc Board is appointed to act on behalf of the shareholders to run the day-to-day affairs of the business

The plc Board is made up of Executive Directors, who work within Trifast; and Independent Non-Executive Directors, whose roles are to provide balance and to ensure the Board as a whole functions effectively.

Where our Executive Directors have an in-depth knowledge of Trifast, our Non-Executive Directors provide a wider perspective of the world at large.

The Group also works with City specialists to ensure all levels of shareholders receive Trifast information.

 

How the plc Board is structured and works

The collective members of the plc Board plan and make decisions for Trifast, setting the strategic direction, making sure that all risks are managed effectively. Separate Board committees also exist, mostly made up of Non-Executive Directors, to focus on decision making areas that require an independent opinion.
 

 
JONATHAN SHEARMAN

Nomination Committee

Members
Jonathan Shearman (Chair)
Scott Mac Meekin
Claire Balmforth
Clive Watson
 
Role
Regularly evaluates the composition of the Board and the Committees so that each is made up of the appropriate people with the requisite skills, knowledge, experience,and independence. The Committee looks closely at succession planning for Executive and Non-Executive Directors and Senior Management.
 
View more on the Nomination Committee terms of reference here
CLIVE WATSON

Audit & Risk Committee

Members
Clive Watson (Chair)
Scott Mac Meekin
Claire Balmforth
 
 
Role
Provides effective governance around Trifast’s financial reporting, risk management and internal controls framework and ensures the integrity of its financial statements. Reviews accounting policies, monitors internal controls, risk management processes and the performance of the external auditor.
 
View more on the Audit & Risk Committee terms of reference here
CLAIRE BALMFORTH

Remuneration Committee

Members
Claire Balmforth (Chair)
Scott Mac Meekin
Clive Watson
 
 
Role
The non-executive members of the Remuneration Committee ensure that a policy exists for the remuneration of the Executive Directors that is fair, attracts key executives and rewards progress against Trifast’s business strategy.
 
View more on the Remuneration Committee terms of reference here
 

 

Quick links


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MEMORANDUM OF ASSOCIATION

Articles of Association

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STRATEGIC TAX OBJECTIVES

Tax strategy

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UK CORPORATE GOVERNANCE CODE

Compliance statement

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MAXIMISING RETURNS

How we allocate capital

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WHO WE WORK WITH

Our stakeholders

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BEST PRACTICE

Remuneration policy