Remuneration
The Remuneration Committee is comprised entirely of Non-executive Directors: Clive Butler (Committee Chairman), David Lowden, Penny Hughes and John Barton.
The Remuneration Committee makes recommendations to the Cable&Wireless Worldwide Board, within agreed terms of reference, on the framework of executive remuneration and on the specific remuneration of the Chairman, Executive Directors and other senior executive management. The Chairman, Executive Directors and any officers attending meetings of the Remuneration Committee shall abstain from any discussion on their own remuneration. In determining such policy, the Remuneration Committee takes into account all factors which it deems necessary.
The Remuneration Committee also reviews and approves the annual salaries, incentive arrangements, service agreements and other employment conditions for each Executive Director, reviews the remuneration of other senior executives of the Cable&Wireless Worldwide Group and approves awards to Executive Directors and other senior executives of the Cable&Wireless Worldwide Group under the Cable&Wireless Worldwide Group's share-based plans. The Remuneration Committee is tasked with ensuring that cost-effective and responsible remuneration packages are provided which are suitable to attract, motivate and retain members of the executive management of Cable&Wireless Worldwide and to encourage enhanced performance and shareholder value.
View a PDF of the Remuneration Committee summary
