Corporate Governance
Director's Responsibilities
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Role of the Board

The role of the Board is to establish the Vision and strategy for the Group, to deliver shareholder value and take responsibility for the long-term, sustainable success of the Company. Individual members of the Board have equal responsibility for the overall stewardship, management and performance of the Group and for the approval of its long-term objectives and strategic plans.

Division of responsibilities

There is a clear division of responsibilities between the role of the Chair and the Chief Executive Officer of the Company. The roles are clearly set out in writing.

Chair
Liz Shanahan
  • Leadership and management of the Board.
  • Setting the Boards agenda, style and tone of discussions.
  • Ensuring the Boards effectiveness in all aspects of its role.
  • Working closely with the Chief Executive Officer on developing the Groups strategy, and providing general advice and support.
  • Facilitating active engagement by all members.
  • Participating in shareholder communications.
  • Promoting high standards of corporate governance.
Chief Executive Officer
Chris Meredith
  • Managing the Group's business.
  • Developing Group strategy for consideration and approval by the Board.
  • Leading the Senior Management Team (SMT) in delivering the Groups strategic and day-to-day operational objectives.
  • Leading and maintaining communications with all stakeholders.
Senior Independent Director
Grahame Cook
  • Acting as an intermediary for other Directors when necessary.
  • Available to meet with shareholders and aid communication of shareholder concerns when normal channels of communication are inappropriate.
  • Chairing meetings of Non-Executive Directors, if and when required.
  • All responsibilities of a Non-Executive Director as outlined.
  • Chairs meetings of the Nominations Committee when it is considering succession to the Chair.
  • Provides a sounding board for the Chair and conducts the Chair’s annual evaluation.
Non-Executive Director
Douglas Le Fort
  • Constructively challenging and contributing to the development of strategy.
  • Monitoring the integrity of financial information, financial controls and systems of risk management to ensure they are robust.
  • Reviewing the performance of Executive Management.
  • Formulating Executive Director remuneration.
  • Responsibility for Workforce Engagement (by appointment).