Board of Directors
 |
||||
| Non-executive Chairman M Peacock |
Matthew Peacock is the Chairman of Renold plc and a non-executive director of STV Group plc. He is also the founding partner of Hanover Investors which is a significant shareholder of Fairpoint. Matthew was appointed to the board on 10 June 2008 and as Chairman on 5 September 2008. He is also Chairman of Singer Capital Markets a London stockbroking and corporate advisory firm and Regenersis plc, a strategic outsourcing partner to many of the World's leading consumer technology companies.
Matthew has led investments for over twenty years in, amongst other sectors, manufacturing, outsourced business services, chemicals, financial services, textiles and logistics. Prior to this, he ran the International M&A team in London at BZW, having started his career at Credit Suisse First Boston, in New York. He holds a Master degree in Law from Cambridge University. |
 |
||
| Chief Executive Officer C Moat |
Chris Moat brings a wealth of experience from highly successful retail-focused, marketing led financial services businesses. Chris has held a number of senior general management positions and has experience across a wide range of leading financial services companies. Before joining Fairpoint, Chris held a variety of general management roles for Royal Bank of Scotland Group. These included Managing Director of Direct Line, Managing Director of Motoring and Directorships of Churchill Insurance and Green Flag. Prior to that, Chris was Managing Director of RBS’s Partnerships division, where he helped grow key partners such as Tesco Insurance and Virgin Money’s insurance offering. Chris’s previous roles also include Director of Lending at GUS Home Shopping and Head of Consumer Direct at GE Capital Bank. Chris Moat was appointed CEO on 6 May 2008. | |
||
| Insolvency Director D J Oakley |
Qualified as Chartered Accountant at Arthur Andersen & Co and later joined PricewaterhouseCoopers, where he qualified as an Insolvency Practitioner. Joined Lathams in 1994 and became a partner in 1995. Following the acquisition of Lathams by Tenon Group plc in 2001, he became head of Tenon's North West insolvency practice. Appointed Insolvency Director in June 2005. | |||
| Finance Director & Company Secretary
J Gittins |
John is a graduate of the London School of Economics and qualified as a Chartered Accountant with Arthur Andersen. He has over 17 years of experience as a Finance Director in the public markets, with growing service businesses including Spring Group plc, Vertex Data Science Limited and Begbies Traynor Group plc. John is also non executive director and chairs the audit committee of the Electricity North West group of companies, the regulated electricity distribution business for the North West of England. |
|||
| Non-executive Director P Blacher |
Perry, aged 37 was appointed as an independent Non-Executive Director in February 2011. He previously held roles at Mckinsey, Microsoft and Chase Capital Partners and is currently Chief Executive Officer of Covestor, an online Investment Management platform which he cofounded in 2006. Prior to Covestor he was founder and CEO of Serum, a medical support service that was acquired by Tribal Group PLC. Perry’s background provides him with a unique understanding of internet strategies having developed ventures as an entrepreneur in addition to working for significant international businesses. |
|||
| Non-executive Director T Russell |
Thomas joined the Board of Fairpoint in December 2011 as a Non-Executive Director. He is a partner at Hanover Investors and a Non-Executive Director of Regenersis Plc. Prior to joining Hanover Investors in 2007, he was a partner at Mercer Management Consulting (now Oliver Wyman) and holds an MA (Hons) degree in English Literature from Corpus Christi College, Oxford University. |
|
||
| Senior Independent Non Executive Director J Allkins |
John Allkins joined the group in September 2008 as Non Executive Director. John was previously Group Finance Director for MyTravel Group plc and is also a Non Executive Director of Renold plc and Molins plc. He previously held a number of senior finance positions within BT, most recently as Director of Financial Controls for its Worldwide Networks Division. John is a fellow of the Chartered Institute of Management Accountants. | |
|
|
Committees
The Board of directors has formally delegated specific responsibilities to board committees. The committees are as follows:
Audit Committee
The Audit Committee reviews the Company’s accounting policies and regular reports from senior management. In addition, it reviews the interim and full year financial statements and results announcements relating to the Company’s financial statements, together with any formal announcements relating to the Company’s financial performance.
The Audit Committee also has responsibility for making recommendations on the appointment, reappointment and removal of the external auditors, which the board then puts to the shareholders for approval in a general meeting. The Committee also reviews the annual and interim financial statements before they are submitted to the board and reviews the scope and effectiveness of the group’s internal control functions.
Details of the Terms of Reference for the Audit Committee can be accessed using the above link.
Remuneration Committee
The Remuneration Committee has responsibility for setting the Group’s general policy on remuneration and also specific packages for individual Directors.
Details of the Terms of Reference for the Remuneration Committee can be accessed using the above link.
Nominations Committee
The Nominations Committee will evaluate the balance of skills, knowledge and experience on the board and be responsible for board appointments.
Details of the Terms of Reference for the Nominations Committee can be accessed using the above link.
