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 five Directors, the majority of whom are non-executive. Four independent Directors sit on the committee.

 

Carlo Bertazzo  
Carla Angela (*) (**)
Gianni Coda (**)
Massimo Lapucci (**)
Monica Mondardini (**)

 

(*) Independent Director

(**) Following the resignation of Independent Director Lynda Tyler Cagni, effective 16 November 2018, the Board of Directors of December 14, 2018 ha elected Prof. Carla Angela to serve as a member of the Human Resources and Remuneration Committee.

The Human Resources and Remuneration Committee will be required to elect a Chairperson from among its members.