ARB Corporation Limited (AU:ARB) has released an update.
ARB Corporation Limited has reaffirmed its commitment to high corporate governance standards by aligning with the ASX Corporate Governance Council’s best practice recommendations, tailoring its adoption to enhance shareholder value. The Board oversees strategic direction, evaluates management performance, and ensures ethical operations, with a majority of independent directors and established committees for audit, risk, and remuneration. The skills matrix for Board members is regularly reviewed to ensure a diverse mix of expertise, aimed at maximizing long-term shareholder value.
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