GOVERNANCE QUERIES
For all Governance queries, please contact: Company.Secretariat@Bakkavor.com
CORPORATE GOVERNANCE
The Group Board is committed to the highest governance standards and considers that the Group’s governance framework reflects its business structure, culture and values, and the requirements of the UK Corporate Governance Code. Through this framework, Bakkavor provides assurance to all its stakeholders that it is a well-managed, responsible company.
The Group Board retains ultimate responsibility for the overall conduct and long-term success of the Group, upholding corporate governance standards, and determining the strategic objectives of the Group. It is supported by, and delegates certain functions to the Chief Executive Officer, Management Board, Audit and Risk Committee, Remuneration Committee, Nomination Committee and ESG Committee.
Senior Executive Team ("SET")
- The SET meets on a regular basis throughout the year (on a schedule aligned to the Group Board meetings) to focus on strategic, operational, commercial, regulatory and risk matters.
- The SET comprises the Group CEO and Group CFO and CEO Asia (the Executive Directors) and the Group Chief People Officer (“CPO”), UK Managing Director (“MD”) Meals, UK MD Bakery, UK Finance Director and US COO.
- Other senior leaders in the business (risk, regulatory, finance, strategy) are invited to the meetings of the SET from time to time and the Executive Directors share feedback from the meetings with the Group Board.