{"id":50,"date":"2024-03-20T10:15:14","date_gmt":"2024-03-20T10:15:14","guid":{"rendered":"https:\/\/demosites.royal-elementor-addons.com\/solar-energy-v2\/?page_id=50"},"modified":"2025-01-29T09:51:11","modified_gmt":"2025-01-29T09:51:11","slug":"unique-governance-model","status":"publish","type":"page","link":"https:\/\/ccbmedia.in\/gleanore\/unique-governance-model\/","title":{"rendered":"Unique Governance Model"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"50\" class=\"elementor elementor-50\">\n\t\t\t\t<div class=\"elementor-element elementor-element-748f6152 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"748f6152\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;slideshow&quot;,&quot;background_slideshow_gallery&quot;:[{&quot;id&quot;:4401,&quot;url&quot;:&quot;https:\\\/\\\/ccbmedia.in\\\/gleanore\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/standard-quality-control-collage-concept-scaled.jpg&quot;}],&quot;background_slideshow_loop&quot;:&quot;yes&quot;,&quot;background_slideshow_slide_duration&quot;:5000,&quot;background_slideshow_slide_transition&quot;:&quot;fade&quot;,&quot;background_slideshow_transition_duration&quot;:500}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c7101d4 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"5c7101d4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Engineering the Future<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-468b5b77 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"468b5b77\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Unique Governance Model\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cb98654 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"cb98654\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d61290c e-n-tabs-tablet exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-n-tabs\" data-id=\"d61290c\" data-element_type=\"widget\" data-settings=\"{&quot;horizontal_scroll&quot;:&quot;enable&quot;,&quot;horizontal_scroll_tablet&quot;:&quot;enable&quot;}\" data-widget_type=\"nested-tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"e-n-tabs\" data-widget-number=\"224471308\" aria-label=\"Tabs. Open items with Enter or Space, close with Escape and navigate using the Arrow keys.\">\n\t\t\t<div class=\"e-n-tabs-heading\" role=\"tablist\">\n\t\t\t\t\t<button id=\"e-n-tab-title-2244713081\" class=\"e-n-tab-title\" aria-selected=\"true\" data-tab-index=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"e-n-tab-content-2244713081\" style=\"--n-tabs-title-order: 1;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tComposition of the Board\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-2244713082\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-2244713082\" style=\"--n-tabs-title-order: 2;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tDirector Responsibilities\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-2244713083\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-2244713083\" style=\"--n-tabs-title-order: 3;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tCEO Review &amp; Succession\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-2244713084\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-2244713084\" style=\"--n-tabs-title-order: 4;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tDirector compensation\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"e-n-tabs-content\">\n\t\t\t\t<div id=\"e-n-tab-content-2244713081\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2244713081\" data-tab-index=\"1\" style=\"--n-tabs-title-order: 1;\" class=\"e-active elementor-element elementor-element-fc01478 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"fc01478\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-ae02174 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"ae02174\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f70ea26 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"f70ea26\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"960\" height=\"640\" src=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-1024x683.jpg\" class=\"attachment-large size-large wp-image-2934\" alt=\"\" srcset=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-1024x683.jpg 1024w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-300x200.jpg 300w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-768x513.jpg 768w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-1536x1025.jpg 1536w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/corporate-man-team-with-presentation-brainstorming-financial-advisor-profit-growth-screen-staff-group-with-manager-leader-workshop-with-graphs-charts-planning-startup-2048x1367.jpg 2048w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e8f1a90 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"e8f1a90\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d05538f exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"d05538f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The core principle of our corporate governance practice is to oversee the management and protect the interests of our stakeholders. As active and well-informed members of the board, we are fully committed to ensuring the highest standards of corporate governance. An integral part of our commitment to follow appropriate practices, we comply with the Corporate Governance Guidelines. The independent directors prepare the audit, handle compensations, investor grievances, nominations, and risk management committees, bringing their valuable perspective to the board.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-2244713082\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2244713082\" data-tab-index=\"2\" style=\"--n-tabs-title-order: 2;\" class=\" elementor-element elementor-element-fc1831a e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"fc1831a\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-1543377 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"1543377\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67039d8 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"67039d8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"960\" height=\"640\" src=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-1024x683.jpg\" class=\"attachment-large size-large wp-image-4395\" alt=\"\" srcset=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-1024x683.jpg 1024w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-300x200.jpg 300w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-768x512.jpg 768w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-1536x1024.jpg 1536w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/teacher-young-instructor-office-suit-class-with-computer-whiteboard-writing-board-2048x1365.jpg 2048w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5b3570e e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"5b3570e\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-358ec99 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"358ec99\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The Governance and Nomination Committee is responsible for counselling the Board with respect to the board\u2019s governance and membership. In fulfilling that responsibility, the committee has devised the \u2018Responsibilities of Gleanore Directors\u2019, that has been successfully adapted by the board members. These responsibilities include acquiring an in-depth understanding of Gleanore\u2019s core business, understanding the importance of advocating the entire shareholder constituency and increasing shareholder value, and active, objective and constructive participation during official committee conferences.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-2244713083\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2244713083\" data-tab-index=\"3\" style=\"--n-tabs-title-order: 3;\" class=\" elementor-element elementor-element-d6b1b7a e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"d6b1b7a\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-af703f7 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"af703f7\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dd265f2 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"dd265f2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Gleanore\u2019s Compensation Committee meets annually in an executive session to review the compensations and attainment of established performance goals as set forth in its charter. The Committee Head communicates the results of the review to the independent members of the board, the Executive Chairman and the CEO. The CEO annually reviews the company\u2019s succession planning and development with the Compensation Committee and the Board of Directors and provides recommendations for potential successors for key managers.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-47bf23d e-con-full e-grid wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"47bf23d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-289d5a2 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"289d5a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h5>BOARD MEETINGS<\/h5><p>The Board determines the half-yearly meeting schedule. The meetings last a minimum of four hours and involve presentations by key managers of our business verticals and executive presentations on strategic policy issues. The agenda for each meeting is established by the Chairman with reviewed input from the directors.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa17dd5 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"fa17dd5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h5>BOARD COMMITTEES<\/h5><p>The board operates in four committees: the Audit Committee, the Compensation Committee, the Executive Committee and the Nomination and Governance Committee. The Executive Committee consists of a minimum of three board members and is authorized to act on regular and routine board matters when the board is not in session.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-2244713084\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2244713084\" data-tab-index=\"4\" style=\"--n-tabs-title-order: 4;\" class=\" elementor-element elementor-element-f1f7056 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"f1f7056\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-262df06 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"262df06\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-535370a exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"535370a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"960\" height=\"640\" src=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-1024x683.jpg\" class=\"attachment-large size-large wp-image-4396\" alt=\"\" srcset=\"https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-1024x683.jpg 1024w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-300x200.jpg 300w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-768x513.jpg 768w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-1536x1025.jpg 1536w, https:\/\/ccbmedia.in\/gleanore\/wp-content\/uploads\/2025\/01\/businessman-showing-document-his-colleague-2048x1367.jpg 2048w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a7fa140 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"a7fa140\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4b5cbfc exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"4b5cbfc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The Nomination and Governance Committee is responsible for formulating the board compensation and benefits for non-employee directors. Only non-employee directors are compensated for their service on the Board. The committee reviews the compensation and beneficiary factors of competitive companies to ensure that the company attracts and retains highly qualified directors. The compensation program is designed to enable directors to build an equity interest in the company to align their personal financial interest.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fad4566 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"fad4566\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a923df exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"6a923df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Gleanore\u2019s governance model formalizes principles that guide us on a path a to be a responsible corporate citizen, and to dedicate to our society and the environment. At Gleanore, it is crucial to maintain a balance between the interests of our associates with equal concern, transparency, and respect.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Engineering the Future Unique Governance Model Composition of the Board Director Responsibilities CEO Review &amp; Succession Director compensation The core principle of our corporate governance practice is to oversee the management and protect the interests of our stakeholders. As active and well-informed members of the board, we are fully committed to ensuring the highest standards of corporate governance. An integral part of our commitment to follow appropriate practices, we comply with the Corporate Governance Guidelines. The independent directors prepare the audit, handle compensations, investor grievances, nominations, and risk management committees, bringing their valuable perspective to the board. The Governance and Nomination Committee is responsible for counselling the Board with respect to the board\u2019s governance and membership. In fulfilling that responsibility, the committee has devised the \u2018Responsibilities of Gleanore Directors\u2019, that has been successfully adapted by the board members. These responsibilities include acquiring an in-depth understanding of Gleanore\u2019s core business, understanding the importance of advocating the entire shareholder constituency and increasing shareholder value, and active, objective and constructive participation during official committee conferences. Gleanore\u2019s Compensation Committee meets annually in an executive session to review the compensations and attainment of established performance goals as set forth in its charter. The Committee Head communicates the results of the review to the independent members of the board, the Executive Chairman and the CEO. The CEO annually reviews the company\u2019s succession planning and development with the Compensation Committee and the Board of Directors and provides recommendations for potential successors for key managers. BOARD MEETINGS The Board determines the half-yearly meeting schedule. The meetings last a minimum of four hours and involve presentations by key managers of our business verticals and executive presentations on strategic policy issues. The agenda for each meeting is established by the Chairman with reviewed input from the directors. BOARD COMMITTEES The board operates in four committees: the Audit Committee, the Compensation Committee, the Executive Committee and the Nomination and Governance Committee. The Executive Committee consists of a minimum of three board members and is authorized to act on regular and routine board matters when the board is not in session. The Nomination and Governance Committee is responsible for formulating the board compensation and benefits for non-employee directors. Only non-employee directors are compensated for their service on the Board. The committee reviews the compensation and beneficiary factors of competitive companies to ensure that the company attracts and retains highly qualified directors. The compensation program is designed to enable directors to build an equity interest in the company to align their personal financial interest. The core principle of our corporate governance practice is to oversee the management and protect the interests of our stakeholders. As active and well-informed members of the board, we are fully committed to ensuring the highest standards of corporate governance. An integral part of our commitment to follow appropriate practices, we comply with the Corporate Governance Guidelines. The independent directors prepare the audit, handle compensations, investor grievances, nominations, and risk management committees, bringing their valuable perspective to the board. The Governance and Nomination Committee is responsible for counselling the Board with respect to the board\u2019s governance and membership. In fulfilling that responsibility, the committee has devised the \u2018Responsibilities of Gleanore Directors\u2019, that has been successfully adapted by the board members. These responsibilities include acquiring an in-depth understanding of Gleanore\u2019s core business, understanding the importance of advocating the entire shareholder constituency and increasing shareholder value, and active, objective and constructive participation during official committee conferences. Gleanore\u2019s Compensation Committee meets annually in an executive session to review the compensations and attainment of established performance goals as set forth in its charter. The Committee Head communicates the results of the review to the independent members of the board, the Executive Chairman and the CEO. The CEO annually reviews the company\u2019s succession planning and development with the Compensation Committee and the Board of Directors and provides recommendations for potential successors for key managers. BOARD MEETINGS The Board determines the half-yearly meeting schedule. The meetings last a minimum of four hours and involve presentations by key managers of our business verticals and executive presentations on strategic policy issues. The agenda for each meeting is established by the Chairman with reviewed input from the directors. BOARD COMMITTEES The board operates in four committees: the Audit Committee, the Compensation Committee, the Executive Committee and the Nomination and Governance Committee. The Executive Committee consists of a minimum of three board members and is authorized to act on regular and routine board matters when the board is not in session. The Nomination and Governance Committee is responsible for formulating the board compensation and benefits for non-employee directors. Only non-employee directors are compensated for their service on the Board. The committee reviews the compensation and beneficiary factors of competitive companies to ensure that the company attracts and retains highly qualified directors. The compensation program is designed to enable directors to build an equity interest in the company to align their personal financial interest. Gleanore\u2019s governance model formalizes principles that guide us on a path a to be a responsible corporate citizen, and to dedicate to our society and the environment. At Gleanore, it is crucial to maintain a balance between the interests of our associates with equal concern, transparency, and respect.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"footnotes":""},"class_list":["post-50","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/pages\/50","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":53,"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/pages\/50\/revisions"}],"predecessor-version":[{"id":5538,"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/pages\/50\/revisions\/5538"}],"wp:attachment":[{"href":"https:\/\/ccbmedia.in\/gleanore\/wp-json\/wp\/v2\/media?parent=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}