Call for the nomination of candidates for election as non-executive directors to the SAMRO Board of Directors (the Board)
An invitation is hereby extended for the nomination of candidates for consideration as non-executive directors of the Board. In terms of SAMRO’s MOI one third of the directors who have exceeded the maximum four year service period are required to resign by rotation at the next Annual General Meeting (AGM). A Director retiring by rotation at the AGM shall act as a Director throughout the AGM at which he retires and shall be eligible for re-election. They are:
•Mr Loyiso Bala (Composer)
•Mr Phelelani Mnomiya (Composer)
•Ms Anette Emdon (Publisher)
•Mr Fred Woods (Publisher)
Procedure
Candidates for the Board appointment may only be nominated by an elected member of SAMRO. Nominations will be considered by the Nominations and Governance Committee. After consideration of all the nominations received, the names of candidates recommended by the Nominations and Governance Committee – of which there will be no more than two composer and two publisher candidates – will be included in the Notice of Annual General Meeting circulated in accordance with the requirements of SAMRO’s MOI.
Candidates
Candidates for the Board positions are required to have the required level of knowledge, skill and experience to serve on the Board. The vacancies that will arise at the AGM will consist of two composer and two publisher vacancies. Successful candidates are therefore required to have skills in either of these two fields.
Section 76 of the Companies Act, 2008 requires a director to act in good faith and for a proper purpose in the best interests of the company. A director should furthermore act with the degree of care, skill and diligence that may reasonably be expected of a person carrying out such functions.
Directors are required to disclose any personal financial interests. They may not use their position as director or information gained as a director to make a secret profit or gain advantage for themselves or someone else or to cause harm or detriment to the company.
Nomination forms
Nominations for positions on the Board should be made on the prescribed nomination form, which can be downloaded from SAMRO’s website www.samro.org.za or alternatively contact the Group Company Secretary at secretary@samro.org.za for an email version. To download the Nominations Form please click here
To view or download the criteria document, please click here
Deadline
Nominations for the Board appointments close at 16:00 on 3 October 2014. No late nominations will be accepted.
