Composition, Succession and Evaluation
Board composition and diversity
These charts set out the Board’s composition, tenure and diversity characteristics.
Function
The Board currently comprises the Chair, two Executive Directors and three independent Non-Executive Directors. The Non-Executive Directors bring a variety of skills and business experience to the Board. Their role is to bring independent judgement and scrutiny to the recommendations of the Executive Directors. Each of the Non-Executive Directors is considered to be independent in character and judgement. As at 31 March 2022 the Board comprised 50% independent Non-Executive Directors. The biographies of the Directors can be found on pages 70 and 71 , which set out their skills and experience, and their membership of each of the Committees.
Non-Executive Chair – 1 (17%) Executive Directors – 2 (33%) Independent Non-Executive Directors – 3 (50%)
Tenure
0 to 3 years – 2 (33%) 3 to 6 years – 3 (50%) 6 to 9 years – 1 (17%)
Diversity
Male – 4 (67%) Female – 2 (33%)
Age
45 to 50 years – 1 (17%) 55 to 60 years – 1 (17%) 60 to 65 years – 4 (66%)
Picton Property Income Limited Annual Report 2022
82
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