Governance
Corporate Governance
For CPP Group, a sound governance framework underpins our ability to achieve our strategic goals and deliver long-term value for stakeholders.
The Board has adopted the Quoted Companies Alliance Corporate Governance Code (‘QCA Code’) which provides a flexible but rigorous outcome-orientated framework that we believe is well suited to the Group. We operate a truly international business, employing colleagues from very different cultures. Internal controls are built around clear Group-wide policies, national procedures consistent with those policies, and a strong internal assurance function reporting on compliance.
An overview of how the Group currently complies with each of the ten principles of the QCA Code is given in our Corporate Governance Statement. Further details may be found in our Annual Report & Accounts.
Supported by its committee structure, the Board devotes quality time to monitoring the Group’s performance and the application of Group policies and standards across the Group.
Our governance framework
Our Board
The Board comprises five Directors – the Chairman, two Executive Directors and two Non-Executive Directors.
Membership at 7 March 2022
David Morrison (Chair)
Simon Pyper
David Bowling
Simon Thompson
Jeremy Miller
Meetings held in 2021
Twelve
Key matters reserved for the Board:
- responsibility for the overall leadership of the Group and setting the Group’s values and standards;
- approval of the Group’s long-term ambitions, objectives and commercial strategy;
- material changes to the Group’s corporate structure, including any acquisitions or disposals;
- ensuring maintenance of a sound system of internal control and risk management;
- approval of annual and half-year results and trading updates;
- approval of the dividend policy; and
- material capital investments.
Audit Committee
Key objectives
To assist the Board in discharging its duties and responsibilities for financial reporting and internal financial control.
Membership at 31 January 2022
- Jeremy Miller (Chair)
- Simon Thompson
- David Morrison
Meetings held in 2021
Seven
Remuneration Committee
Key objectives
Recommend to the Board the remuneration of the Chairman, Executive Directors, Company Secretary and senior management.
Membership at 31 January 2022
- Simon Thompson (Interim Chair)
- David Morrison
- Jeremy Miller
Meetings held in 2021
Four
Nomination Committee
Key objectives
To assist the Chairman in keeping the composition of the Board under review and to lead the appointment process for nominations to the Board and other Board Committees, always having regard to best practice in corporate governance standards.
Membership at 31 January 2022
- David Morrison (Interim Chair)
- Simon Thompson
- Jeremy Miller
Meet our Board of Directors
Our board are committed to advancing our strategic ambitions within a strong governance framework, under the leadership of our Chief Executive Officer Simon Pyper.
The board is made up of 3 non-executive and 2 executive directors and meets at least four times a year to discuss strategic, financial and commercial priorities.
Find out more about the CPP Group Board below.
Who we are
Find out more about CPP Group, what we do and what drives us
Our businesses
Find out more about our country businesses and the value they bring to the Group