Governance Structure

The Morgan Crucible Governance Structure is centered around the Board of Directors supported by its committees.

Ultimate accountability rests with the Board of Directors, which is supported by its committees. Certain key matters are reserved specifically for the Board’s consideration (see Matters Reserved for the Board below). The Company is subject to the UK Corporate Governance Code and is governed by its Articles of Association (see below).

Board and Committee Structure

To access our Director's profiles and see the structure of our Board and committees, please click here.

Obtaining the right balance and an appropriately diverse mix of skills and experience round our board-table is of paramount importance.  To view our statement on gender diversity and Lord Davies' report "Women on Boards" please click here.

Board Committees and their Terms of Reference

To view details of our Executive, Audit, Nomination and Remuneration committees and their terms of reference, please click here.

Matters Reserved for the Board 

There is a schedule of matters specifically reserved for consideration by the Board, including significant contractual commitments, the review of the effectiveness of risk management processes, major capital expenditure and corporate responsibility. The schedule of matters reserved for the Board can be accessed by clicking here.

UK Corporate Governance Code

Morgan Crucible complied with the UK Corporate Governance Code during the last financial year - for more details, click here.

Articles of Association

The Company’s Articles of Association are the rules governing the Company’s internal affairs and can be accessed here.