In accordance with the principles of good corporate governance, the following committees have been established by the respective boards and operate to written terms of reference which are available for you to read on this site.
Reed Elsevier PLC, Reed Elsevier NV and Reed Elsevier Group plc have established Audit Committees. The committees are chaired by Ben van der Veer, supported by Adrian Hennah and Linda Sanford. All committee members are independent non-executive directors.
Corporate Governance Committee
Reed Elsevier PLC and Reed Elsevier NV have established a joint Corporate Governance Committee, which comprises only non-executive directors. The committee is chaired by Anthony Habgood, supported by Dr Wolfhart Hauser, Adrian Hennah, Lisa Hook, Marike van Lier Lels, Robert Polet, Linda Sanford and Ben van der Veer.
The committee has two main tasks: to review developments in corporate governance and make sure that we work to the accepted standards of best practice; and to recommend the structure and operation of the other board committees, to set the criteria for board membership in a way that guarantees the independence of board members.
Reed Elsevier PLC and Reed Elsevier NV have established a joint Nominations Committee, which provides a formal and transparent procedure for the appointment of new directors to the boards.
All of the members of this committee are non-executive directors and it is chaired by Anthony Habgood. The other members are Lisa Hook and Ben van der Veer.
Working with the Chairman of the Reed Elsevier Group plc Remuneration Committee and external consultants, the committee also has a role in advising on proposed fees for new directors.
Reed Elsevier Group plc has established a Remuneration Committee which comprises only non-executive directors. The committee is chaired by Dr Wolfhart Hauser, supported by Anthony Habgood, Robert Polet and Lisa Hook.
The committee typically meets three times a year to recommend the remuneration of executive directors of Reed Elsevier Group plc, and to advise on remuneration for senior executives below board level. It also makes recommendations to the boards of Reed Elsevier PLC and Reed Elsevier NV regarding the remuneration of the executive directors of these companies.
Reed Elsevier Group plc – Audit Committee terms of reference
Reed Elsevier NV – Audit Committee terms of reference
Reed Elsevier PLC – Audit Committee terms of reference
Remuneration Committee terms of reference
Nominations Committee terms of reference
Corporate Governance Committee terms of reference