Responsible governance
We believe a responsible business should have respect for everyone that it comes into contact with. This involves listening and learning, responding to concerns, being honest, fair and transparent in our dealings.
Leadership and decision-making
Leadership, strategic direction and overall management of the Group is undertaken by the Board of Directors. It sets the Company’s strategic aims, establishes our values and standards, and monitors compliance within a framework of effective controls. The Board currently consists of seven Executive Directors.
The current Executive Chairman is David Wernick, the grandson of the Company’s founder. David’s father, Lionel is the Non-Executive Chairman. The Board meets formally four times during the year, as well as informally as and when required.
The Board reserves for itself a formal schedule of matters on which it takes the ultimate decision. These include adopting the Group’s strategic plan and the annual budget, approving all major capital expenditure and acquisitions.
