The following were the standing Board committees in the year ended 31st December, 2022:
The Chairman of the Board is a non-executive director and is elected by the board of directors to hold office after every three years. There is a clearly defined organizational structure within which individual responsibilities and authority limits are set out. The structure is complemented by policies and management operates the business in compliance with these policies.
The Group Chief Executive Officer chairs the Executive Team, which comprises the executive directors and the senior executives of the Group. The team is responsible for implementing the strategy approved by the board and also deals with operational matters and co-ordinates activities across the Group’s various subsidiary companies and divisions.INSIDER DEALINGS
The board has a documented policy on insider dealings in the Company’s shares.CORPORATE GOVERNANCE
Nation Media Group PLC is in compliance with the provisions of the Capital Markets Act- Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015. Over one third of the Board of Directors are independent and non-executive directors. The membership of the various board committees is listed above.