Members of the board are crucial to the success and governance of a company, serving as the strategic stewards who guide its vision and direction. They bring a wealth of expertise and diverse perspectives, ensuring that the organization navigates complex challenges and capitalizes on opportunities.
Responsibilities of the Board
Their oversight helps align the company's goals with stakeholder interests, including those of employees, guests, and investors. By fostering a culture of accountability and transparency, board members not only enhance the company's reputation but also drive long-term sustainability and growth, making their role indispensable in today’s competitive business landscape.
TO THE COMPANY
- Approve the selection and assess the performance of Senior Management and other control functions
- Ensure an effective performance management framework is in place to certify Management and personnel performance are on par with set standards
- Supervise the proper implementation of and compliance to the Code of Business Conduct and Ethics, including standards for professional and ethical behavior for internal and external dealings
- Attend and actively participate in all meetings of the Board and its respective committees
- Oversee the development of and approve business objectives and strategies and monitor their implementation
- Assure the Company has an appropriate internal control system, including a mechanism for managing potential conflicts of interest of the Board, Management, and shareholders
- Make certain there is a sound enterprise risk management framework for key business risks
TO THE SHAREHOLDERS
- Encourage active shareholder participation and minimize costs and administrative impediments to said participation
- Be transparent about and fairly promote shareholder rights, and provide processes and procedures for them to follow
- Have a formal and transparent board nomination and election policy
- Establish corporate disclosure policies and procedures to ensure the comprehensive, accurate, reliable, and timely report of relevant and material information, including non-financial information
Get to know the Board
The governing body elected by the stockholders that
exercises the corporate powers of a corporation, conducts
all its business and controls its properties.
To learn more, you may refer to the PIZZA Board Charter.
Board Diversity Policy
Diversity Policy
The Corporation recognizes the benefits of having a diverse board and sees diversity as an essential element in supporting its continued growth and the attainment of its strategic objectives. The Board must aim to make good use of the differences in gender, age, cultural, educational background, ethnicity, professional experience, skills, and knowledge of its directors.
Measurable Objective
The Corporate Governance & Nominations Committee, in identifying suitable candidates for the Board, will assess and make recommendations based on merit and potential contribution and with due regard for the benefits of diversity on the Board.
Review of the Policy
The Corporate Governance & Nominations Committee will discuss, review and assess the effectiveness of the policy annually. Said committee will discuss and recommend any revision that may be necessary and recommend them to the Board for adoption. At any given time, the Board may seek to improve one or more aspects of its diversity and measure progress accordingly.
To learn more, you may refer to the PIZZA Board Charter.