The Executive Board, chaired by the Director-General, and its sub-committees are responsible for the delivery of BBC services and day-to-day operations across the organisation.
The Executive Audit Committee (EAC) was established under Charter article 35(3). The EAC oversees the BBC’s corporate governance, particularly its financial reporting, internal control and risk management. The Committee is made up of three non-executive directors. The Director-General, Chief Financial Officer, Director of Risk and Assurance, Director Finance, Procurement & Revenue Management and external audit representatives also attend. The Committee meets four times a year, and at other times as required.
The Executive Remuneration Committee (ERC) was established under Charter article 35(3) and in accordance with the requirements set out in article 33. The ERC decides the remuneration of executive members of the Board. It is made up of three non-executive directors, and the Director-General, Director of Business Operations and Director of Reward also attend. The Committee meets three times a year, and at other times as required.
The Fair Trading Committee helps ensure that the BBC complies with its fair trading obligations. It is made up of three non-executive directors. The Controller of Fair Trading, Director of Risk and Assurance and General Counsel also attend. The Committee meets four times a year, and at other times as required.
Membership of the Nominations Committee depends on whether non-executive or executive appointments are being made. The Committee’s chair is taken by a non-executive director for other non-executive director appointments and the Director-General for executive appointments. The Committee was established under article 35(4) of the Charter and operates in accordance with the requirements set out in articles 30 and 31 of the Charter. It oversees the process of proposing members of the Executive Board. Appointments are subsequently made by the Executive Board itself, with non-executive appointments requiring the approval of the Trust. The only exception is the Chairman of the Executive Board, who is appointed by the BBC Trust.
The term of office for non-executive director Val Gooding concluded during 2011/12 and Robert Webb QC stepped down from his non-executive position in February 2012.
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