Decision details

Review: Non-Executive Director Appointments in Council Companies

Decision Maker: Sutton Shareholdings Board

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

This report follows a recommendation by the Sutton Shareholdings Board (September 2018) to conduct a review of the need for NED appointments across all Council companies to ensure, from the shareholder perspective, that all companies have sufficient skills, expertise and experience on their company boards.

Decisions:

Jessica Crowe, Assistant Director - Customers, Commissioning and Governance, briefly presented the report. Members queried whether council officers should be appointed to Cognus and agreed that the review encompass all types of directors by examining the broader composition of each board.

 

RESOLVED: that

1.    The current composition of each board of directors of companies in which the council has a shareholding interest attached at Appendix A be noted.

2.    The abbreviated board evaluation questions to be sent to companies in which the council has a shareholding interest attached at Appendix B be agreed.

3.    The terms of reference of the review as outlined under section 4 of the report be agreed.

4.    A summary of responses to the board evaluation will be reported to a future meeting of the Sutton Shareholdings Board alongside the outcome of the review be noted.

Report author: Fiona Bywaters

Publication date: 15/05/2019

Date of decision: 01/05/2019

Decided at meeting: 01/05/2019 - Sutton Shareholdings Board

Accompanying Documents: