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Yancoal Sharpens Governance With Clear Mandate for Nomination and Remuneration Committee

Story Highlights
  • Yancoal’s committee will guide board composition, succession and governance policies.
  • It will oversee executive pay, incentives, performance reviews and gender pay equity.
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Yancoal Sharpens Governance With Clear Mandate for Nomination and Remuneration Committee

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Yancoal Australia ( (AU:YAL) ) has shared an announcement.

Yancoal Australia has outlined the mandate of its Nomination and Remuneration Committee, which supports the board on board composition, succession planning for directors and the executive committee, executive and director remuneration, performance assessment, corporate governance policy, and diversity and inclusion. The committee is responsible for reviewing and recommending pay structures and incentive plans, overseeing performance evaluations of senior management, monitoring gender pay equity, ensuring compliance with listing rules and market practices, and approving key remuneration disclosures, reinforcing governance over how senior leaders are appointed, assessed and rewarded.

More about Yancoal Australia

Yancoal Australia Ltd is a listed coal mining company operating in Australia, with its shares traded on both the Australian Securities Exchange and the Hong Kong Stock Exchange. The company focuses on the production and sale of thermal and metallurgical coal, serving power generation and steelmaking markets domestically and internationally.

For detailed information about YAL stock, go to TipRanks’ Stock Analysis page.

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