Independence of Directors
The Air New Zealand Board has agreed upon a test to assess each
of its directors against specific criteria to determine whether
they are in a position to exercise independent judgement. For details,
see the Board Charter document above.
An independent director is one whom the Board affirmatively determines
has no material relationship with Air New Zealand (either directly
or as a partner, a substantial security holder or officer of an
organisation that has a relationship with the Company) that could
reasonably influence their judgement and decision making as a director.
Directors are required to notify the the Board of all relevant information
which may affect their independence.
A majority of directors of Air New Zealand's Board and Audit Committee
are independent directors, including the Chairman.
Nomination and Selection
The Board is responsible for nominating members to the Board and
for filling vacancies on the Board that may occur between annual
meetings. In considering potential directors to commend to shareholders,
the Board seeks to identify candidates with appropriate skills,
knowledge and experience to contribute to effective direction of
the Company, who can exercise an independent and informed judgement
on matters which come to the Board and who are free of any business
or other relationship that may interfere with the exercise of that
The Chairman and Deputy Chairman are selected by the full Board.