Role of the Board
Our Board is responsible for the long-term success of Haleon and comprises of 11 members: Chair; a Senior Independent Non-Executive Director (SID) and a further five Independent Non-Executive Directors (INEDs); two Non-Executive Directors (NEDs); and two Executive Directors.
The Board is accountable to shareholders for ensuring that Haleon is appropriately managed and achieves the strategic objectives it sets. The Board carries out its responsibilities through a programme of at least six scheduled meetings a year, which includes the approval of overall budgetary planning and business strategy.
The Board reviews Haleon’s internal controls and risk management policies, as well as reviewing its governance structure and code of conduct. It also appraises and approves major financing, investment and licensing decisions, and evaluates and monitors the performance of Haleon as a whole. Matters which are reserved for the decision of the Board can be found here.
The Non-Executive Directors, led by the Senior Independent Director, meet without the Executive Directors present at least annually and on such other occasions as they require.
The Chief Executive Officer is assisted by the Haleon Executive Leadership Team. The Board will meet the Haleon Executive Team members on an annual basis to discuss and develop proposals collectively in relation to the Company's strategy.
In accordance with the Financial Reporting Council’s UK Corporate Governance Code, it has been determined that at least half the Board, excluding the Chair, are independent Non-Executive Directors.
The roles and primary responsibilities of the Chairman, Chief Executive and Senior Independent Director, as agreed by the Board, can be viewed in the documents below.
The Company Secretary assists the Chair in promoting the highest standards of corporate governance. This includes ensuring good information flows within the Board and its Committees and between the Executive and Non-Executive Directors, as well as facilitating the induction and professional development of Directors.
The Company Secretary gives independent, impartial advice to the Board on matters of process and governance. All Directors have access to the Company Secretary, who is responsible to the Board for ensuring that its procedures are complied with.
The appointment and removal of the Company Secretary are reserved matters for the Board as a whole.