Over the past 12 months the Company Board has undergone several changes with Ron McNeilly and Jagjeet (Jeet) Bindra departing, and Tom Gorman and Anne Templeman-Jones joining.
Ron was a member of the Board since listing in 2002, including many years as Chairman and Deputy Chairman. We thank Ron for his enormous contribution to the growth and development of WorleyParsons during his tenure.
Jeet served on the Company Board from 1 July 2015. In his time on the Board he fulfilled a number of important roles including the Chairman of the Remuneration Committee, and a member of the Health, Safety and Environment and Nominations Committees.
I would like to take this opportunity to thank both Ron and Jeet for their contributions to the Board.
Tom Gorman was appointed to the Board effective 18 December 2017. He is Chairman of the Remuneration Committee and a member of the Health, Safety and Environment and Nominations Committees. His appointment follows a 30-year career in executive positions at Ford Motor Company and Brambles Limited. He is also a director of High Resolves, an Australian‑based non-profit focused on middle school education.
Anne Templeman-Jones was appointed to the Board on 1 November 2017 and is the Chairman of the Audit and Risk Committee and a member of the Nominations Committee. Anne has executive experience in institutional and commercial banking, wealth management and insurance, strategy and risk, having previously held a number of senior executive roles in Switzerland and Australia with PricewaterhouseCoopers, the Bank of Singapore (OCBC Bank), ANZ and Westpac.
Tom and Anne were appointed following a rigorous search and selection process that involved interviews and background checks to ensure they were the right fit for the Company. In addition to possessing the desired competencies, skills, experience and independence identified in the Company’s ongoing succession planning, Tom and Anne also demonstrated commitment to the high ethical standards that the Company’s reputation is built upon. Their appointments are the result of tenure, selection and renewal processes that are carefully designed to be aligned with the Company’s strategy and governance approach to enable the Board to discharge its duties effectively and to add value.