Board Committees
The Board has established five principal Committees to support it in fulfilling its oversight responsibilities.
Audit & Risk Committee
The Committee’s primary responsibility is to provide effective governance by overseeing the Group’s financial reporting processes including the Internal Audit Function and External Auditor, and to maintain oversight of the Group’s system of internal control and risk management activities.
Members
- Juliet Thompson (Chair)
- Joanna Le Couilliard
- Barbara Ryan
- Mark Stejbach
The Audit & Risk Committee Charter can be found here: Audit & Risk Committee Charter.
Compensation Committee
The Committee’s role is to assist the Board of Directors in fulfilling its oversight responsibility by ensuring that Remuneration Policy and practices reward fairly and responsibly; are linked to corporate and individual performance; and take account of the generally accepted principles of good governance.
Members
• Joanna Le Couilliard (Chair)
• Peter Bains
• Barbara Ryan
• David Wheadon
The Compensation Committee Charter can be found here: Compensation Committee Charter.
Compliance, Ethics & Sustainability Committee
The Committee has responsibility for the oversight of the Group's Global Integrity and Compliance Program and approach to ethical, responsible and sustainable conduct.
Members
- Mark Stejbach (Chair)
- Keith Humphreys
- Juliet Thompson
The Compliance, Ethics & Sustainability Committee Charter can be found here: Compliance, Ethics & Sustainability Committee Charter.
Nomination Committee
The Committee has oversight of Board and Committee composition and succession planning and is responsible for ensuring that the Board comprises individuals with the requisite skills, knowledge and experience to effectively discharge their responsibilities.
Members
- Peter Bains
- Joe Ciaffoni
- Keith Humphreys
- Joanna Le Couilliard
- Barbara Ryan
- Robert Schriesheim
- Mark Stejbach
- Juliet Thompson
- David Wheadon
The Nomination Committee Charter can be found here: Nomination Committee Charter.
Science Committee
The Committee assists and advises the Board on the oversight of the Company’s research and development strategy and pipeline development.
Members
- Peter Bains (Chair)
- Keith Humphreys
- Barbara Ryan
- Mark Stejbach
- David Wheadon
The Science Committee Charter can be found here: Science Committee Charter.
Executive Committees
In addition to the principal Committees, the Group has five executive Committees:
Executive Committee
The Executive Committee is chaired by the Chief Executive Officer. The Committee comprises key functional leaders from the business and its purpose is to assist the Chief Executive Officer in discharging his duties. The Executive Committee meets monthly. Biographical details of the members of the Executive Committee can be found here.
Compliance Committee
The Compliance Committee comprises all members of the Executive Committee and is chaired by the Chief Compliance Officer. The Compliance Committee meets monthly and is responsible for overseeing compliance with applicable laws, rules and regulations related to Indivior’s business operations (excluding compliance with securities regulations and financial reporting requirements).
SEC Disclosure Committee
The SEC Disclosure Committee comprises key functional leaders, including, but not limited to, representation from finance, investor relations and legal functions. The Committee meets as necessary and assists the Chief Executive Officer and the Chief Financial Officer in fulfilling their responsibility for oversight of the accuracy and timeliness of disclosures made by the Company to the U.S. Securities and Exchange Commission.
UK MAR Disclosure Committee
The UK MAR Disclosure Committee comprises the Chief Financial Officer, the Chief Commercial Officer, the Chief Legal Officer, the Chief Scientific Officer and the Company Secretary and is chaired by the Chief Financial Officer. The Committee meets as necessary and oversees disclosures in accordance with the UK Market Abuse Regulation and the FCA’s Disclosure Guidance and Transparency Rules.
Sustainability Committee
The Sustainability Committee comprises all members of the Executive Committee and is co-chaired by the Chief Impact and Strategy Officer and Chief Manufacturing & Supply Officer. The Committee meets quarterly and has overall responsibility for the development, implementation and monitoring of the Group's Environmental, Social and Governance ('ESG') strategy.
