Selection, appointment, remuneration committee
This committee handles proposals regarding the appointment and
reappointment of Supervisory and Management Board members, as well
as monitoring the remuneration policy, proposing adjustments and
giving advice on the remuneration of individual Management Board
After the retirement of Willy Angenent, the Selection,
Appointment & Remuneration Committee comprised Dolf Collee
(Chairman), Jean Frijns and Agnes Jongerius.
In 2011, this Committee met three times; the CEO and Director of
Human Resources joined these meetings. Among the key issues
discussed were succession planning and management development.
Furthermore, much time was spent on regulation around
remuneration and bringing FMO practices and procedures into line
with these regulations. The Committee takes the lead in setting the
targets for the Management Board and in monitoring its progress. At
least once a year a formal evaluation of the Management Board
members is undertaken. On an annual basis the committee discusses
with the Management Board the HR policy for FMO, including staff
mobility and career patterns.