To appoint members to the Shareholder Supervisory Board for Invest East Lindsey Limited.

1.    That 3 Executive Board Members (Councillors Tom Kemp, Craig Leyland and Martin Foster), the Chairman of the Overview Committee (Cllr Fiona Martin), the Chief Executive (Rob Barlow), the Section 151 Officer (Christine Marshall) and the Deputy Chief Executive – Programme Delivery (Adrian Sibley) be appointed to the Invest East Lindsey Shareholder Supervisory Board for a term of four years.

2.    That Councillor Tom Kemp be appointed as Chairman for the Shareholder Supervisory Board.   

A report was presented to seek appointment of members to the Shareholder Supervisory Board for Invest East Lindsey Limited.

The Shareholder Supervisory Board’s Terms of Reference set out the membership of the Board.  Appointments were for a four-year term and were due for renewal. 

Nominations were sought for three Executive Board appointments, in addition to the Chairman of Overview Committee, the Chief Executive, the Section 151 Officer and the Deputy Chief Executive (Programme Delivery) as set out in the Terms of Reference.

It was Proposed and Seconded that Councillors Tom Kemp, Craig Leyland and Martin Foster be appointed to the Invest East Lindsey Limited - Shareholder Supervisory Board and that Councillor Tom Kemp be appointed as Chairman of the Board.

RESOLVED

1.    That 3 Executive Board Members (Councillors Tom Kemp, Craig Leyland and Martin Foster), the Chairman of the Overview Committee (Cllr Fiona Martin), the Chief Executive (Rob Barlow), the Section 151 Officer (Christine Marshall) and the Deputy Chief Executive – Programme Delivery (Adrian Sibley) be appointed to the Invest East Lindsey Shareholder Supervisory Board for a term of four years.

2.    That Councillor Tom Kemp be appointed as Chairman for the Shareholder Supervisory Board. 

Reasons

To ensure the Council has suitable representatives in place to monitor the work of Invest East Lindsey Limited. 

Other options

Do not make appointments – not recommended.