Human Resources and Remuneration Committee

The Human Resources and Remuneration Committee supports the Board of Directors by gathering information, providing advice, making recommendations and, in particular, proposing the overall compensation of the Chairman, the Chief Executive Officer and of certain Directors with key management roles. It also determines the criteria for setting the pay of the senior management of Group companies, as proposed by the Chief Executive Officer. It examines employee share-based incentive and bonus plans for Group companies using information provided by the Chief Executive Officer, the composition of the management bodies of strategic subsidiaries and strategic human resource development policies.

The Human Resources and Remuneration Committee currently (*) consists of four Directors, the majority of whom are non-executive. Three independent Directors sit on the committee.

 

Lynda Tyler Cagni Chairman (**)
Carlo Bertazzo  
Gianni Coda (**)
Massimo Lapucci (**)
Monica Mondardini (**)

 

(*) Following the resignation of Independent Director Lynda Tyler Cagni, effective 16 November 2018, the number of members of the Human Resources and Remuneration Committee has decreased to 4.

(**) Independent Director