Corporate Governance
Director's Responsibilities

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.

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).