UEFA Executive Committee praises successful EURO
Saturday, July 9, 2016
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The UEFA Executive Committee met today in Paris on the eve of the UEFA EURO 2016 final to review the final tournament.
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032 – Creation of a Compensation Committee to overview remuneration of management
The UEFA Executive Committee met today in Paris on the eve of the UEFA EURO 2016 final to review the final tournament. The Executive Committee praised the competitiveness of the championship in its new 24-team format and expressed its thanks to all those involved in the successful organisation and running of the competition; in particular the French host cities and authorities, and the 6,500 volunteers who were instrumental in the success of UEFA EURO 2016.
At today's meeting, the UEFA Executive Committee also approved the creation of a Compensation Committee which will oversee matters linked to remuneration of the UEFA Senior Management, including the UEFA President, Executive Committee members and the UEFA General Secretary. The Compensation Committee will be composed of the chairman of the Finance Committee, a member of the Governance and Compliance Committee and an independent expert with deep professional experience in compensation and governance matters. The UEFA Organisational Regulations will thus be amended accordingly and detailed information will be disclosed in UEFA's Financial Report.