Committees

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 Terms of Reference for the Audit & Risk Committee can be found here: Audit & Risk Committee Terms of Reference.

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)
• Graham Hetherington
• Jerome Lande
• A. Thomas McLellan
• Juliet Thompson
• Keith Humphreys

The Terms of Reference for the Compliance, Ethics & Sustainability Committee can be found here: Compliance, Ethics & Sustainability Committee Terms of Reference.

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
 

• Graham Hetherington (Chair)
• Peter Bains
• Jerome Lande
• Joanna Le Couilliard
• A. Thomas McLellan
• Barbara Ryan
• Mark Stejbach
• Juliet Thompson
• Keith Humphreys

  
  The Terms of Reference for the Nomination Committee can be found here: Nomination Committee Terms of Reference.

   

  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)
  • A. Thomas McLellan
  • Barbara Ryan
  • Mark Stejbach
  • Keith Humphreys

  
  The Terms of Reference for the Science Committee can be found here: Science Committee Terms of Reference.

   

  Remuneration 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
  • Graham Hetherington
  • Barbara Ryan

  
  The Terms of Reference for the Remuneration Committee can be found here: Remuneration Committee Terms of Reference.

   

  Executive Committees

  In addition to the principal Committees, the Group has four 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). These meetings are also attended by the independent Compliance Expert to the Board.

   

  Disclosure Committee

  The Disclosure Committee comprises the Chief Financial Officer, the Chief Commercial & Strategy 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 the disclosure of information in accordance with the UK Market Abuse Regulation and the FCA’s Disclosure Guidance and Transparency Rules. The Disclosure Committee receives input and advice from relevant individuals and advisors as required. These include the Group’s brokers and external legal counsel.

   

  ESG Committee

  The ESG Committee comprises all members of the Executive Committee and is co-chaired by the Chief Global Impact 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.