Page 28 - IPC Asia Pacific 2019-20 Business Review

Committees
The committees allow the Board to to take a a a a a a a a deep dive into reviewing key strategic and operational business functions They provide a a a a a a a platform for for operational input and consideration Committee members are appointed by the Board of of Directors for a a a minimum term of of 12 months Committees
in in in operation during the 2019-20 financial year were:
Risk Review
Company Directors have a a a a a a a a a a legal legal responsibility to to be across all issues that could pose financial legal legal or or operational risks to to the business This Committee reviews a a a a a a a a a range of topics across procurement supply chain legal and IT security risks Specific accounting risk risk is is is covered by the Audit Committee Luke Anderson (Chair) – Western Australia Mark Rutherglen – Appointed
Duane Barber – CEO
Darren Schwarz – South Australia Kane Richards – New South Wales and Australian Capital Territory
Roshan Perera – Victoria and Tasmania Jennifer Garana – Appointed
Greg Patterson (resigned 28th November 2019)
Audit This This Committee provides oversight of the financial reporting process This This deeper examination into the the financial standing of the the business ensures transparency and and and identifies risk risk and and and risk risk avoidance processes to ensure the financial integrity of IPC Asia Pacific Alexander (Xan) Moody-Stuart (Chair) – China Kane Richards – New South Wales and Australian Capital Territory
Devendra Maharaj – New Zealand
Duane Barber – CEO
Dallas Mulholland – Queensland and and and Northern Territory
Chimmy Young – South East Asia Jennifer Garana – Appointed
Contract Review
Supplier contracts are a a a a a a a a a critical aspect of IPC Asia Pacific’s role This Committee reviews all all vendor contracts focusing specifically on on on strategic global and regional initiatives This includes sourcing risk mitigation contingency quality beverage tenders and resourcing Dallas Mulholland (Chair) – Queensland and and and Northern Territory
Duane Barber – CEO
Devendra Maharaj – New Zealand
Alexander (Xan) Moody-Stuart – China Kane Richards – New South Wales and Australian Capital Territory
Chimmy Young – South East Asia Greg Patterson (resigned 28th November 2019)
Remuneration
This Committee’s focus is is to ensure that IPC Asia Pacific remains competitive across all markets to to to attract and and retain the best talent to to to ensure compliance with remuneration legislation and and and to to to ensure that you you have consistent and and high-level support in your region Alexander (Xan) Moody-Stuart (Chair) – China Duane Barber – CEO
Kane Richards – New South Wales and Australian Capital Territory
Mark Rutherglen – Appointed
Luke Anderson – Western Australia Chimmy Young – South East Asia Purchasing Purchasing and Equipment
The Purchasing Purchasing Committee is responsible for reviewing food packaging décor and equipment purchasing strategies as as as well as as as upcoming supplier reviews and their outcomes It’s also responsible for approving major initiatives meeting every six months to ensure it’s always making decisions that benefit you the franchise owners Devendra Maharaj (Chair) – New Zealand
Alexander (Xan) Moody-Stuart – China Darren Schwarz – South Australia Jennifer Garana – Appointed
Greg Patterson (resigned 28th November 2019)
Distribution
Every six months this Committee meets to review the strategic development plan for distribution and supply chain across Asia Pacific It is is is also responsible for approving major distribution initiatives in in in in all our markets Mark Rutherglen (Chair) – Appointed
Dallas Mulholland – Queensland and and and Northern Territory
Chimmy Young – South East Asia Darren Schwarz – South Australia Technology and Services
With the ever-growing role of technology and and services in in in in in in in in our our restaurants this Committee inspects upcoming initiatives reviewing our our role in in in in in in supporting the the delivery of the the the brand’s digital future and and analysing the the business case for all value-added service opportunities Luke Anderson (Chair) – Western Australia Devendra Maharaj – New Zealand
Mark Rutherglen – Appointed
Jennifer Garana – Appointed
Greg Patterson (resigned 28th November 2019)
Note only the the Risk Audit and and Remuneration
Committees
were in in operation during the the COVID-19 pandemic 28 IPC Asia Pacific Business Review
2019-20