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If you are considering whether to hire a NED, or looking at how to get more from your existing NED or chairperson, join this Roundtable for peer insight and specialist expertise.
A Non-Executive Director (NED) can bring relevant experience, contacts, and industry insight that you and others in the business may not have. They can be a sounding board for the founder to design a growth plan and hold them and their senior team to account on delivery against objectives. They can also lead on corporate governance and help to professionalise a business.
With so many potential roles to fill, recruiting the right person on the right terms against clear objectives is paramount. This roundtable will bring together founders and CEOs to discuss what to expect from a NED and how to get the most out of them.
We will be joined by Tim Hastings, Co-Founder of Ford Hastings, who specialises in senior board appointments and succession planning in fast-growing, entrepreneurial businesses. Tim has gained over 20 years’ experience helping high growth companies which are often privately-owned with VC or PE backing. Over this time, Tim has developed a network of professional investors, high net worth individuals, private offices and Non-Executive Director contacts across a broad range of sectors and industries.
This Roundtable will explore:
- How to manage expectations from the outset and ongoing
- What legal obligations there are for the NED
- How to structure the agreement with the NED
- The average tenure of a NED and what they should contribute
- How to reward, remunerate or incentivise NEDs