Board responsibilities HomeInvestorsCorporate governance Wincanton has a clear division of responsibilities between the leadership of the Board and the executive leadership. Board responsibilities Board – Non-executive Chairman and Directors Develops, reviews and assesses delivery of the Group’s strategy to generate value for shareholders and contribute to wider society Establishes and promotes the Group’s purpose, values and culture Reviews and approves the Group’s three-year financial plan and annual budget Approves the Group’s Annual Report Maintains and reviews the Group’s controls and approves the Group’s material contracts Engages with the Group’s shareholders and stakeholders Approves the payment of a dividend to shareholders at the half year and full year in line with the Group’s dividend policy Ensures that the workforce policies and practices are consistent with the Group’s values and supports their long-term sustainable success enabling the workforce to raise any matters of concern Chairman – Dr Martin Read CBE Senior Independent Non-executive Director – Stewart Oades Non-executive Directors Non-executive Director designated to workforce engagement – Stewart Oades Chief Executive Officer – James Wroath Committee responsibilities Audit Committee – Chair : Anthony Bickerstaff Assists the Board in the effective review of financial performance, internal controls, financial reporting and risk management Ensures the integrity of financial statements and any formal announcements relating to financial performance, including review of significant financial reporting judgements Approves the Internal Audit function’s annual audit programme to ensure alignment with the Group’s key risks and reviews the effectiveness of the Internal Auditor’s work Approves the Internal Audit Charter to ensure it is appropriate to the current needs of the Group Makes recommendations to the Board in relation to the appointment, reappointment and removal of the External Auditor, its remuneration and terms of engagement Reviews the External Auditor’s independence and objectivity and the effectiveness of the audit process Reviews the Group’s policies, including setting the policy to control engagement of the External Auditor to supply non-audit services Reports to the Board on any matters requiring Board action, including improvements and remediations Reports to the Board on how the Committee has discharged its responsibilities AUDIT COMMITTEE’S TERMS OF REFERENCE Remuneration Committee – Chair: Gill Barr Nomination Committee – Chairman: Dr Martin Read CBE Company Secretary – Lyn Colloff Related pages Leadership READ MORE Board committees READ MORE Investors READ MORE CONTACT Get in touch Whatever the reason for your interest we would love to hear from you. If you would like to ask us a question or see how we can help, why not get in touch? MESSAGE US MORE CONTACTS DRIVER JOBS Sitemap Terms of use Privacy notice Cookie declaration Accessibility Slavery act Cygnia logistics Gender pay gap Copyright 2021 © Wincanton plc. All rights reserved.