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Many entrepreneurs will look for a Non-Executive Director (NED) to join their board, whether this be a formal arrangement or something less structured. A NED can bring skills and previous experience that others in the business may not have, they can also act as a sounding board to the Founder to help them drive business growth.
A Non-Executive Director can have many roles within a business and their input can be structured to meet your needs; however, there are some tasks that should be avoided so as to not blur the lines between Executive and Non-Executive. To ensure success when appointing this role, you should hire for their breadth of skills, rather than the contents of their black book.
Tim Hastings, Co-Founder of Ford Hastings, will join us as our guest for the evening. As a board level search specialist, working with both Executive and Non-Executive talent, Tim has gained over 20 years’ experience helping high growth companies.
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.
Ford Hastings specialises in senior board appointments and succession planning in fast-growing, entrepreneurial business’s. These firms are often privately-owned with VC or PE backing.
This dinner will look to explore, but will not be limited to:
- How you manage the relationship and their expectations of what you believe they should bring to the table
- What legal obligations there are for the NED
- How to structure the agreement with the NED
- The average lifespan of a NED and how to manage this
- The potentially negative impacts when appointing a NED
Please note that our venues are subject to change; always refer to email reminders one week before the event and the text message reminder the day before the event for the correct venue. Our website will also be updated in the event of a venue change.