There is a growing army of Non-Executive Directors out there. The perception is they get paid thousands of pounds for turning up to a few meetings. Patricia Keating, programme lead at Tech Manchester, says that’s not the case. There is a growing army of Non-Executive Directors (NED) out there; experienced business leaders looking to explore…
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NEDonBoard’s recent Board Best Practice – Chairs panel event was host to an eminent panel of experienced chairs, made all the more insightful by the variety of chair backgrounds and experience the panel had. These included FTSE, private, private equity, government, SME, and international organisations. (The full panel video will be available to members shortly in the NEDonBoard…
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This week, our blog post goes back to the questions we sent our community in our newsletter a few weeks ago about the Ryanair public dispute and corporate governance situation. In August, NEDonBoard published a thought-provoking piece urging nomination committee to consider whether their boards are equipped to engage with their stakeholders. In our article,…
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This week, NEDonBoard brings to you an interesting report published by Saunderson House around the financial implications of becoming a NED and present the NEDonBoard view around remuneration of NEDs. The Saunderson House report Any career move prompts a range of important questions. Why do I want this new role? Can I make it…
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You may be an experienced NED or have sat in many a board meeting, but if you are soon to be taking on or preparing for a new chair role, even the best board members may need to be reminded of what it takes to be an effective chair. According to experienced Chair, Hans…
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Non-executive directors and board members, as company directors, have responsibilities over the financial viability of the company on which they serve. The collapse of Carillion has exposed the failings of certain individuals and it is crucial for non-executive directors and board members to remain current, hear the perspective and views of boardroom experts and be…
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Having identified the need for corporate governance principles applicable to large private companies, the Financial Reporting Council (FRC), on behalf of James Wates, CBE, published a consultation on a set of principles focused on improving transparency and accountability in this area. ‘Known as the Wates Corporate Governance Principles for Large Private Companies, the principles are…
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Top Tips on Becoming a Non-Executive Director NEDonBoard defines the non-executive director as “a critical friend”. What does it mean? How do you become such a person? What are the skills that make a NED effective? How do you secure a NED role and how much do you earn as a NED? In this blog post, we answer the above questions and give you tips and…
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The Ryanair situation offers an interesting case for our non-executive director and board member community. NEDonBoard is launching a consultation to hear the view of its members. We will be publishing the responses in an upcoming blog post. In December 2017, Ryanair agreed to recognise trade unions for pilots and cabin crew in an attempt to head off…
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What are the qualities of risk committee chairs? In April 2018, NEDonBoard hosted a Risk Committee Board Best Practice® evening event. Marcia Cantor-Grable was one of the panelists and NEDonBoard had the opportunity to interview her ahead of the panel discussion to get her view over the essential qualities that a risk committee chair should possess. …
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