Join or Sign in

Register for your free asmag.com membership or if you are already a member,
sign in using your preferred method below.

To check your latest product inquiries, manage newsletter preference, update personal / company profile, or download member-exclusive reports, log in to your account now!
Login asmag.comMember Registration
INSIGHTS

Fujitsu appointment to Executive Nomination and Compensation Committees

Fujitsu appointment to Executive Nomination and Compensation Committees
Fujitsu has announced that its Board of Directors made a decision with regard to appointments to the Executive Nomination Committee and Compensation Committee.
Fujitsu has announced that its Board of Directors made a decision with regard to appointments to the Executive Nomination Committee and Compensation Committee.

Reappointments to the Committees: 
Jun Yokota (External Director of Fujitsu Limited) 
Chiaki Mukai (External Director of Fujitsu Limited and Vice President of Tokyo University of Science) 
Masami Yamamoto (Director Chairman of Fujitsu Limited)

New appointment to the Committees: 
Kazuto Kojima (Director of Fujitsu Limited)

Regarding the Executive Nomination Committee and Compensation Committee:
In October 2009, the Company established the Executive Nomination Committee and the Compensation Committee as advisory bodies for its Board of Directors to ensure the transparency and objectivity of its process for nominating Directors and Audit & Supervisory Board Members, and its process for determining executive compensation. The committees also ensure the fairness of the method and level of executive compensation.

The Executive Nomination Committee deliberates about candidates for Director and Audit & Supervisory Board Member positions in accordance with the Framework of Corporate Governance Structure and the Procedures and Policy of Directors and Auditors Nomination stipulated in the Company’s Corporate Governance Policy and provides its recommendations to the Board of Directors.

In addition, the Compensation Committee provides its recommendations about the level of base compensation and the method for calculating performance-based compensation to the Board of Directors in accordance with the Procedures and Policy of Determining Directors and Auditors Compensation stipulated in the Company’s Corporate Governance Policy.

According to the Corporate Governance Policy, each committee is composed of a majority of Non-Executive Directors and Auditors with at least one Independent Director.


Share to:
Comments ( 0 )