TOKYO, Mar 16 (Pulse News Wire) – For Startups, Inc. (7089.T) established a nomination and remuneration committee as an advisory body to the board of directors to enhance governance and ensure fairness in the evaluation and decision-making processes related to director appointments and compensation.
The committee's primary roles include reviewing and advising on policies and proposals concerning director nominations and remuneration. Specifically, it will address matters such as setting criteria for director selection and removal, drafting proposals for individual director compensation, and establishing limits on remuneration levels.
Comprising four members—three independent outside directors and the CEO—the committee was officially set up. The chairman is Yoshihiko Takakubo, an external director, while other members include Masao Horii, Akiko Kukubo, and CEO Yuichiro Shimizu.
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