Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management of rank equivalent to General Manager and above, including all functional heads.
Senior Managerial Personnel means personnel of the Company who are members of its core management team excluding Board of Directors comprising all members of management one level below the executive directors, including the functional heads.
Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all functional heads or Head of the Divisions.
Examples of Senior Managerial Personnel in a sentence
The Directors and Senior Managerial Personnel shall extend full cooperation to regulatory authorities, and disclose information as may be required.
The Directors and Senior Managerial Personnel should also ensure company’s compliance with the Listing and other legal requirements relating to financial statements.
It is the responsibility of all Directors and Senior Managerial Personnel to ensure compliance with all applicable environmental, safety and health laws and regulations and internal policies.
The Directors and Senior Managerial Personnel are responsible for Company’s adherence to statutory and legal/regulatory requirement(s) as applicable to the business of the Company and also monitor company’s compliance with the Corporate Governance Regulations.
Any information concerning the Company’s business, its customers, suppliers etc., which is not in the public domain and to which the Director and Senior Managerial Personnel has access or possesses such information, must be considered confidential.
More Definitions of Senior Managerial Personnel
Senior Managerial Personnel means in relation to any company or party, any person employed by it, or any of its Affiliates, as a director or other corporate officer or senior manager. For the purposes of this definition “other corporate officer” or “senior manager” shall mean:-
Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management of rank equivalent to General Manager and above, including all functional heads. Objective The objective of the policy is to ensure that:- • the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate directors of the quality required to run the company successfully; • relationship of remuneration to performance is clear and meets appropriate performance benchmarks; and • remuneration to directors, key managerial personnel and senior management involves a balance between fixed and incentive pay reflecting short and long-term performance objectives appropriate to the working of the company and its goals. Role of the Committee The role of the NRC will be the following: • To formulate criteria for determining qualifications, positive attributes and independence of a Director. • To formulate criteria for evaluation of Independent Directors and the Board. • To identify persons who are qualified to become Directors and who may be appointed in Senior Management in accordance with the criteria laid down in this policy. • To carry out evaluation of Director’s performance. •To recommend to the Board the appointment and removal of Directors, KMP and Senior Management. • To devise a policy on Board diversity, composition and size. • Succession planning for replacing Key Executives and overseeing their orientation and successful alignment with the philosophy of the Company. • To carry out any other function as is mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification, as may be applicable. • To perform such other functions as may be necessary or appropriate for the performance of its duties. APPOINTMENT AND REMOVAL OF DIRECTOR, KEY MANAGERIAL PERSONNEL AND SENIOR MANAGEMENT
Senior Managerial Personnel or “Senior Management” means the officers / personnel of the company who are members of its core management team excluding board of directors and comprise all members of management one level below the Chief Executive Officer / Managing Director / Whole-time Director / Manager including Chief Executive Officer / Manager, in case they are not part of the Board and including all functional heads.
Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors and KMP’s.
Senior Managerial Personnel means managing director, company secretary, chief executive officer, chief financial officer or persons having equivalent positions and all such other employees of the Entity who are members of its core management team and comprising all members of management one level below the executive directors and include the functional heads but excluding Board of Directors.
Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all functional heads or Head of the Divisions. APPLICABILITY This Policy applies to directors, senior management including its Key Managerial Personnel (Hereinafter referred to as “KMP”) and other employees of the Company.GUIDING PRINCIPLE The guiding principle is that the nomination, terms of employment and remuneration should effectively help in attracting and retaining committed and competent personnel. While designing remuneration packages, industry practices and cost of living are also taken into consideration.
Senior Managerial Personnel or “Senior Management” means the officers / personnel of the company who are members of its core management team excluding Board of Directors and comprises of all members of management one level below the Chief Executive Officer / Managing Director / Whole-time Director