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Nomination committees

Guidance for corporate governance professionals working on nomination committees.

In this section

Articles and features

 

Accountants and diversity: a regulatory priority

Diversity, breadth, range are all so important in our lives, in our professions and in how we are regulated, that it’s no surprise bringing it to the ICAEW’s Regulatory Board (IRB) is a serious priority. The IRB is committed to taking account of inclusion and diversity in its activities.

Webinars and other recordings

Top tips for exiting a business

It’s never too soon to think about an exit plan. Planning empowers you to choose how you leave and release maximum value in the process. In this final webinar in a series from the ICAEW Small and Micro Business Community, we'll cover the most popular exit strategies for small and micro businesses.

Improving the ethnic diversity of UK boards

In this session David Tyler – the new Chair of the review – will present the key findings of the latest, 2022, report and explore how succession planning, talent management and other initiatives can help ensure that talented people from minority ethnic groups can have successful careers at every level in companies, up to and including in the boardroom.

Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.

Bloomsbury Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.

Board nomination committees

Practical guidance to assist nomination committees with their responsibilities.

Board committees

Practical guidance on the effectiveness of audit, risk, remuneration and nomination board committees.

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.

eBooks

The Library & Information Service provides a collection of eBooks as a benefit of membership. Please note that ICSA publications are only available to ICAEW members and ACA students.  Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com

Boards that lead

This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. This chapter looks at board leadership and maps out what active leadership from the board should look like. Includes a section on recruiting directors who add value and a checklist for recruiting new board members.

CEO Succession planning

This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. This chapter reviews the process of hiring, evaluating and occasionally removing or replacing the CEO.

CEO Succession: An owner's guide for directors

This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. This chapter looks as the reality of succession, rather than the theory, looking at ways in which the succession process can go wrong.

Maintaining an effective board

Chapter 9 looks at the board and good governance, which includes the work of the nomination committee. Board diversity, corporate culture, succession planning and recruitment to the board, director induction and development and board evaluation are all covered.

Model terms of reference for a nomination committee

An introduction to governance for directors and executives. Appendix 5 contains Model terms of reference for a nomination committee

The board structure and its committees

Chapter 3 deals with the structure of the board, its governance role and responsibilities. It also gives brief overviews of the different types of board committees, including: audit; nomination; remuneration; and risk committees. These are dealt with in more detail in later chapters.

The nomination committee

An essential source of reference and route map for the position of Non-executive director. Contains case studies and checklists throughout. Chapter 6 of the handbook covers the role and work of the nomination committee and contains a Checklist for the nomination committee.

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

The Library & Information Service provides a collection of articles as a benefit of membership. Please log in to view these articles. If you are unable to access the articles, please see our Help and support page or contact library@icaew.com.

From board seat to c-suite

The article focuses on the corporate practice of CEO (chief executive officer) succession, discussing the role of the board of directors in naming the CEO and the procedure strategic planning.

Set a high bar for successors

A collection of practical tips for finding and introducing an effective successor for your accounting firm.

A review of the CEO succession literature

An overview of research into CEO succession and the importance of the board's role in successful CEO selection. The authors also consider potential frictions during the CEO succession process.

Terms of use: You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Useful links

Corporate Governance Review

Grant Thornton's review of the annual reports of 252 of the UK’s FTSE 350 companies. The section on nomination committees looks at how successfully the annual report cover the scope and focus of the committee's work, including board composition, independence, diversity and the board evaluation process.

The nomination committee - coming out of the shadows

ICSA / EY report from May 2016, structured into three main sections - Looking deeper into the company to identify and help to develop its future leaders; Casting the net wider to identify potential directors; Thinking further ahead than the immediate replacement of a retiring board member. Points for boards and nomination committees to consider are highlighted.

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* Some of the content on this web page was provided by the Chartered Accountants’ Trust for Education and Research, a registered charity, which owns the library and operates it for ICAEW.