The Boards of Reed Elsevier PLC, Reed Elsevier NV and RELX Group plc are comprised of executive and non-executive directors who bring a wide range of knowledge and experience to their roles.
All non-executives are independent of management and free from any business interest that could compromise their independence or their ability to scrutinise the governance of the company.
The Boards of the three companies are also harmonised.
In compliance with the UK Corporate Governance Code issued in September 2012, all directors of Reed Elsevier PLC and Reed Elsevier NV seek annual re-election at the respective Annual General Meetings. As a general rule, letters of appointment in respect of non-executive directors of Reed Elsevier PLC and Reed Elsevier NV provide that individuals will serve for an initial term of three years, and are typically expected to serve two three-year terms, although the boards may invite an individual to serve for an additional period of three years.
In recommending appointments to the boards, the Nominations Committee considers the knowledge, experience and background of individual directors and has regard to diversity. The Committee has reviewed the recommendations of the Davies Review “ Women on boards” issued in February 2011, which sets an aspirational target of 25% female representation on FTSE 100 boards by 2015. By 2013, we achieved 30% women on the Reed Elsevier NV Board and 22% women on the Reed Elsevier PLC Board.
The two executive directors are: Erik Engstrom (Chief Executive Officer) and Nick Luff (Chief Financial Officer).
The eight non-executive directors working alongside them are: Anthony Habgood (Chairman), Dr Wolfhart Hauser, Adrian Hennah, Lisa Hook, Robert Polet, Linda Sanford, Ben van der Veer and Marike van Lier Lels*. The Board considers all non-executive directors (other than the Chairman) to be independent. Anthony Habgood was considered independent on appointment to the Boards as Chairman in 2009.
Read more about our Board members
, our Board committees
and our code of ethics.
* Marike van Lier Lels is a Non Executive Director of Reed Elsevier NV. All of the other Non-Executive Directors are directors of RELX Group plc, Reed Elsevier PLC and Reed Elsevier NV.
Reed Elsevier NV - Profile non-executive directors
Reed Elsevier NV - Retirement schedule non-executive directors
Reed Elsevier NV - Corporate Governance Statement
Reed Elsevier NV - Rules for the Board
Reed Elsevier NV - Articles of association - Dutch
Reed Elsevier NV - Articles of association - English
Reed Elsevier PLC Articles of assocation adopted 21 April 2010
RELX Group plc Articles of Association
Corporate structure and governance section