Board of Directors

Directors are responsible to shareholders for the short and longer term performance of the company, and seek to balance sometimes competing objectives in the best interests of the company as a whole. The Board is comprised of eight directors which includes the executive role of Managing Director.

• The four shareholder-elected directors are directly elected by postal ballot.
• The shareholder-elected directors elect the Chairman and the Community Independent Director and the two other Independent Directors.
• All Independent Director appointments are subject to shareholder confirmation.
• All directors appoint the Managing Director.