Becoming a NED: top tips and recommendations from your Professional Body

Top tips to become 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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NEDonBoard urges Nomination Committees to consider whether their Boards are equipped to engage with their stakeholders

The Ryanair situation offers an interesting case for our non-executive director and board member community. In December 2017, Ryanair agreed to recognise trade unions for pilots and cabin crew in an attempt to head off strikes planned during the Christmas period. But unrest have been ongoing. Ryanair has had to cancel thousands of flights because of strikes over staff working conditions, making…

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NedonBoard Carillion

Carillion’s collapse: lessons learned

NEDonBoard has been compiling views from its community following the collapse of Carillion. Members were asked to share with us the main lessons that they have learned, having regards to ‘what went wrong’, given that these may provide useful learning experience to NEDs. Today, we are publishing the view of Laura Marianello, writing in her…

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Carillion’s collapse provides important corporate governance lessons

On 15 January 2018 Carillion plc was forced into liquidation. Prior to its demise, Carillion was a multinational construction services and facilities management company with headquarters in Wolverhampton, United Kingdom. Carillion, prior to its liquidation, had liabilities of about £7 billion, was the second largest construction company in the UK, was listed on the London…

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NEDonBoard calls for tougher requirements on NEDs and board members following the collapse of Carillion

The collapse of Carillion has reignited debate about the effectiveness of non-executive directors. Specifically, the report issued by the Parliamentary select committee in May outlined the role of Carillion’s board of directors in the collapse of the company. As the Professional Body for the non-executive director and board member community, NEDonBoard calls for non-executive directors…

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