Page 55 - TICON Industrial Connection Public Company Limited : : Annual Report 2014 EN
P. 55
Management Statement of Directors Certification of the
Shareholding Corporate Internal Control and Connected Discussion Responsibilities Concerning Financial Accuracy of Auditors
Key Risks Structure Management Governance Risk Management Transactions and Analysis the Companys Financial Report Statements Remuneration
6. Review and follow-up the Sustainable Management plan.
7. Establish and review the Anti-Corruption Policy. Provide suggestions, guidelines, monitors
and assessment the Anti-Corruption risk compliance.
6. COMPENSATION COMMITTEE
As of 31 December 2014, the Company s Compensation Committee consists of three members,
as follows:
1. Mr. Chali Sophonpanich Chairman of the Committee
2. Mr. David Desmond Tarrant Committees member
3. Mr. Jirapongs Vinichbutr Committees member
Roles, duties and responsibilities of the Corporate Governance Committee
1. Propose policy and criteria for compensation of the Boards and Sub-committees members
including meeting allowance, bonus, welfare and other compensation in both cash and
non-cash terms, by taking into consideration similar compensation in the industry.
2. Determine compensation for the Managing Director.
3. Determine cash and non-cash welfare and other benefits for the Company s employees.
4. Ensure that the Director s remuneration is disclosed, corresponding to the principles.
7. NOMINATION COMMITTEE
As of 31 December 2014, the Company s Nomination Committee consists of four members, as
follows:
1. Mr. Chali Sophonpanich Chairman of the Committee
2. Mr. Jirapongs Vinichbutr Vice Chairman of the Committee
3. Mr. David Desmond Tarrant Committees member
4. Mr. Threekwan Bunnag Committees member
Roles, duties and responsibilities of the Nomination Committee
1. Set criteria and methodology for selection of the Board s and Sub-committees members as
well as President and Managing Director, for the purpose of transparency.
55
Annual Report 2014
Shareholding Corporate Internal Control and Connected Discussion Responsibilities Concerning Financial Accuracy of Auditors
Key Risks Structure Management Governance Risk Management Transactions and Analysis the Companys Financial Report Statements Remuneration
6. Review and follow-up the Sustainable Management plan.
7. Establish and review the Anti-Corruption Policy. Provide suggestions, guidelines, monitors
and assessment the Anti-Corruption risk compliance.
6. COMPENSATION COMMITTEE
As of 31 December 2014, the Company s Compensation Committee consists of three members,
as follows:
1. Mr. Chali Sophonpanich Chairman of the Committee
2. Mr. David Desmond Tarrant Committees member
3. Mr. Jirapongs Vinichbutr Committees member
Roles, duties and responsibilities of the Corporate Governance Committee
1. Propose policy and criteria for compensation of the Boards and Sub-committees members
including meeting allowance, bonus, welfare and other compensation in both cash and
non-cash terms, by taking into consideration similar compensation in the industry.
2. Determine compensation for the Managing Director.
3. Determine cash and non-cash welfare and other benefits for the Company s employees.
4. Ensure that the Director s remuneration is disclosed, corresponding to the principles.
7. NOMINATION COMMITTEE
As of 31 December 2014, the Company s Nomination Committee consists of four members, as
follows:
1. Mr. Chali Sophonpanich Chairman of the Committee
2. Mr. Jirapongs Vinichbutr Vice Chairman of the Committee
3. Mr. David Desmond Tarrant Committees member
4. Mr. Threekwan Bunnag Committees member
Roles, duties and responsibilities of the Nomination Committee
1. Set criteria and methodology for selection of the Board s and Sub-committees members as
well as President and Managing Director, for the purpose of transparency.
55
Annual Report 2014
