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Nanayojana

Governance risk — RAIGAM WAYAMBA SALTERNS PLC

Board composition, director tenure and turnover, committee effectiveness, succession gaps.

Model weight: 25% of the total score.

Signals in this category

  • director conflict
  • low independent directors
  • no female directors
  • shared director with risky peer
  • role change
  • executive entrenchment
  • executive turnover
  • succession gap
  • audit committee frequency
  • audit committee effectiveness
  • remuneration committee effectiveness
  • csv risk high
  • csv risk elevated
  • csv risk moderate

Sub-score — FY2022

29.8

Elevated (29.8)

From the annual recalculation record for FY2022.

Food, Beverage & Tobacco sector average for FY2022: 54.1 — this company is below the sector average.

Events (10)

Severity Signal Points Year Source section Evidence
Low no female directors +1 2026
View evidence

No female directors on 16-member board

Low low independent directors +2 2026
View evidence

Independent directors 31.2% (below 33%)

Low no female directors +1 2024
View evidence

No female directors on 13-member board

Low no female directors +1 2023
View evidence

No female directors on 12-member board

Low no female directors +1 2019
View evidence

No female directors on 6-member board

Low low independent directors +2 2019
View evidence

Independent directors 33.3% (below 33%)

Low no female directors +1 2017
View evidence

No female directors on 1-member board

Low low independent directors +2 2017
View evidence

Independent directors 0.0% (below 33%)

Low no female directors +1 2016
View evidence

No female directors on 1-member board

Low low independent directors +2 2016
View evidence

Independent directors 0.0% (below 33%)