Corporate Governance

Role of the Board

The Board of Directors of NZ Bus Ltd is appointed by its shareholder (Next Capitol) to govern NZ Bus Ltd. The Board establishes NZ Bus’ objectives, overall policy framework within which the business is conducted and confirms strategies for achieving these objectives. The Board also monitors performance and ensures that procedures are in place to provide effective internal financial control.

The day to day management responsibilities of NZ Bus Ltd have been delegated to the Chief Executive Officer of NZ Bus Ltd.

The Board is made up of:

Doctor Mike Kinski - Non-Executive Chairman, NZ Bus

Barry Hinkley – Executive Director and Chief Executive Officer

Peter McKenzie – Executive Director

John White – Non-Executive Director

James Murphy – Non-Executive Director

Ian Grose – Chief Financial Officer

Jay Zmijewski – Chief Operating Officer

Board Health and Safety Sub-committee

The Board established a Health and Safety Sub-committee in 2013. Membership comprises the Chair (Board member), Chief Executive Officer, the Chief Operating Officer, Chief Engineer and the Group Manager- HSE.

The principle responsibility of the Board Health and Safety Sub-committee is to assist the board to provide leadership and policy in discharging its health and safety management responsibilities.  The HSE Sub-committee monitors the organisation’s HSE performance, coordinates the development of the HSE Annual Plan and makes recommendations to the Board on the appropriateness and effectiveness of the organisation’s health and safety strategy, performance and governance.

The Health and Safety Committee receives monthly reports from the Group Manager – HSE including HSE performance statistics, reports on serious incidents and the outcomes of any HSE investigations. Monthly reports also contain trend analysis, progress against the HSE Annual Plan and updates on HSE activities generally. This information also forms the basis of the HSE Report provided monthly to the NZ Bus Board.

Role of Management

All Board authority conferred on the Manager is delegated through the Chief Executive Officer. The Board determines and agrees with the Chief Executive Officer specific goals and objectives, with a view to achieving the strategic goals of NZ Bus Ltd. Between Board meetings, the Chairman maintains an informal link between the Board and the Chief Executive Officer, and is kept informed by the Chief Executive Officer on all important matters. The Chairman is available to the Chief Executive Officer to provide counsel and advice where appropriate. Decisions of the Board are binding on the Chief Executive Officer. Chief Executive Officer is accountable to the Board for the achievement of the strategic goals of NZ Bus Ltd. At each of its Board meetings, the Board receives reports from or through the Chief Executive Officer including health and safety, financial, commercial, operational, engineering and other reports and proposals.