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 these directors are independent non-executives.
Corporate Governance Committee
Reed Elsevier PLC and Reed Elsevier NV have established a joint Corporate Governance Committee, which comprises only non-executive directors, all of whom are independent. The committee is chaired by Anthony Habgood, supported by Dr Wolfhart Hauser, Adrian Hennah, Lisa Hook, Marike van Lier Lels, Robert Polet, Sir David Reid, 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.
Reed Elsevier Group plc has established a Remuneration Committee which comprises only independent 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 consider the remuneration of executive directors and the Chairman of Reed Elsevier Group plc, Reed Elsevier PLC and Reed Elsevier NV. It also advises on remuneration for senior executives below board level.
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
Auditor Independency Policy
Remuneration Committee terms of reference
Nominations Committee terms of reference
Corporate Governance Committee terms of reference