Business Services Industry

Employment, Pensions and Benefits Bulletin

Mondaq Business Briefing, July, 2002

This article was written by lawyers from Freshfields Bruckhaus Deringer

NON-EXECUTIVE DIRECTORS

Derek Higgs, appointed by the UK government to lead an independent review on the role and effectiveness of non-executive directors (NEDs), has issued a consultation paper inviting comments on five key issues.

What role should NEDs perform and how does this compare to the current position?

What knowledge, skills and attributes are needed, and what can be done to attract, recruit and appoint the best people to NED roles?

Do existing structures and procedures facilitate effective performance by NEDs?

Do existing relationships with shareholders or others need to be strengthened?

How can NEDs best be supported?

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