Business
Remuneration Committee
Remuneration Committee.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n European Motor Hldgs PLC\n12 June 2003\n\n\nEUROPEAN MOTOR HOLDINGS plc\n\n\nCHANGE IN COMPOSITION OF REMUNERATION COMMITTEE\n\n\nIn their corporate governance report for the year ended 28 February 2003, the\ndirectors of the company stated that they would be reviewing the group's\ncorporate governance procedures in the light of recent developments. As a first\nstep in this process, it has been agreed that Mr Richard Palmer will no longer\nbe a member of the remuneration committee, nor will Miss Ann Wilson sit on the\ncommittee when Mr Palmer's remuneration is being discussed. This means that the\nremuneration committee now comprises solely the company's two non executive\ndirectors and continues to be chaired by Mr Roger Smith, chairman of the\ncompany.\n\n\nThe process of review of our procedures will continue in the coming months as\nfuture corporate governance requirements for companies of our size become\nclearer.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":1059,"tagName":"div"}]