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Nomination committees

Guidance for corporate governance professionals working on nomination committees.

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7 reasons why being on a board is good for your career

This webinar is open to all and will benefit any member who is wishing to build their governance experience, regardless of gender

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Bloomsbury Core Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 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 Core 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 305 of the UK’s FTSE 350 companies with years ending between April 2019 and April 2020. 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.

UK board succession planning

FRC discussion paper from October 2015 which focuses on board succession for executives and non-executives of those companies to which the Corporate Governance Code applies. It may also be relevant to other organisations. The aim of the paper is to look at key issues, make suggestions for best practice and to look at how the nomination committee can be most effective. Includes responses to discussion paper and the feedback statement.

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