The Appointments and Remunerations Committee is a specialized and delegated committee of the Board of Directors, that assists and reports to the Board of Directors the proposals regarding appointments, re-elections, dismissals, evaluation and remunerations of Directors and members of the Management Team. This body is governed by the Bylaws of the company and its Regulations.
The Appointments and Remunerations Committee is responsible for:
- Defining the standards and principles governing the composition of the Board of Directors and the selection and appointment of its members;
- Proposing the appointment and removal of Directors, members of the different Committees and Management Team, as well as their contacts, remuneration system, distribution method and amounts payable;
- Reviewing and reporting on incentive plans, pension plans and compensation packages.
The Appointments and Remunerations Committee is composed of independent members of the Board of Directors with the appropriate qualification and experience, who are the following:
- Antonio Gomes Mota (Chairman)
- Rosa García
- Jose Morgado