Transcription of Annual Report 2019 - GSK
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Annual Report 2019 - GSK
Annual Report 2019 ContentsStrategic reportOur business model 01 Chairman s statement 03 CEO s statement 04 Financial performance 06 Our long-term priorities 09 Our culture 10 Key performance indicators 11 Industry trends 12 Stakeholder engagement 15 Pharmaceuticals 17 Vaccines 23 Consumer Healthcare 27 Trust 30 Risk management 43 Group financial review 49 Corporate GovernanceChairman s Governance statement 76 Our Board 78 Our Corporate Executive Team 82 Responsible leadership 84 Division of responsibilities 90 Composition, succession and evaluation 92 Nominations Committee Report 92 Audit, risk and internal control 96 Audit & Risk Committee Report 96 Science Committee Report 107 Corporate Responsibility Committee Report 109 Section 172 statement 111 Directors' Report 113 Remuneration reportChairman s Annual statement 116 Annual Report on remuneration 1192020 Remuneration policy summary 1402020 Remuneration policy Report 141 Financial statementsDirectors statement of responsibilities 152 Independent Audi
and innovation based on science and consumer insights. Our intention remains to separate around three years from the close of the transaction that resulted in the formation of our new Consumer Healthcare Joint Venture, which was in July 2019. The new programme will use the unique catalyst of separation
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