Corporate Governance
The Board of Directors has the responsibility of ensuring ClearView Wealth Limited (the “Company”) is properly managed so as to protect and enhance shareholders' interests in a manner that is consistent with its obligations to all parties with which it interacts. To this end, the Board has adopted what it believes to be appropriate corporate governance policies and practices based on the Company’s size and nature of activities.
The main corporate governance principles are:
- Lay solid foundations for management and oversight
- Structure the Board to add value
- Promote ethical and responsible decision making
- Safeguard integrity in financial reporting
- Make timely and balance disclosures
- Respect the rights of shareholders
- Recognize and manage risk
- Remunerate fairly and responsibly
The principles are outlined in more detail in the company’s latest Annual Report, as well as the Company’s Charters & Policies.
Currently the Board is comprised of seven directors:
- 4 Independent Non-executive Directors – Mr Kellerman, Mr Goodsall, Ms Keating and Ms Thomas, who are considered independent as defined by the ASX Corporate Governance Principles and Recommendations;
- 2 Non-executive Directors – Mr Eisen (or Mr Jefferies who is an Alternate Director to Mr Eisen) and Mr Murphy, who are not considered independent as they are associated with substantial shareholders in the Company; and
- 1 Executive Director – Mr Swanson who is the Managing Director.
