menu

Alan Stubbs

Chief Executive Officer

 

Appointed to the Board of Servelec in 1995

Having joined the Group as a software engineer in 1984, Alan was appointed Managing Director of the Group in 2001. In June 2010, he was appointed Chief Operating Officer for parent company CSE Global before taking on the role of Chief Executive Officer of CSE Global in January 2011.

In December 2013, Alan left CSE Global to become Chief Executive Officer of Servelec Group plc following a successful IPO on the London Stock Exchange.

Mike Cane

 Chief Financial Officer

 

Appointed to the Board of Servelec plc in 2013

 

Mike joined the Group as Company secretary in October 2012 and Finance Director in March 2013. Prior to joining the Group, he was Finance Director of Bullock Construction Limited and SPI Limited. From 2001 until 2007 he held the position of group financial controller at Cleanaway Limited. Mike is a member of the Institute of Chartered Accountants in England and Wales having qualified in 1991 whilst working at Price Waterhouse. He holds a Bachelor of Science (Hons) from the University of Manchester.

Roger McDowell

Senior Independant Non-Executive Director

 

Appointed to the Board of Servelec plc in 2013

Roger joined the Group as a Non- Executive Director on the 24 October 2013. The early part of Roger’s career was spent as CEO of an independent distribution business, growing the company both organically and by acquisition, then leading the business through a main market listing. 

Subsequently he has served as a Non-Executive Director or Chairman of numerous listed businesses and his extensive experience includes chairing all Board Committees. Roger is currently Chairman of Avingtrans Plc, Senior Independent Non-Executive Director of Tribal Plc and Non-Executive Director of D414 Solutions plc, Swallowfield plc, Proteone Sciences plc (and Audit Chair Thinksmart plc) and PTSG Group plc.

Membership of board committees
- Nomination Committee
- Audit committee (Chairman)
- Remuneration committee

Richard Last

Chairman and Non-Executive Director

 

Appointed to the Board of Servelec in 2008

Richard joined the Company in 2008 as a Non- Executive Director and was appointed Chairman of the Group later that year. He has over 20 years’ senior experience in information technology having worked at Board level for a number of publicly quoted and private companies in the technology sector.

Richard   is   Chairman   and   non-executive   director of the following AIM listed companies: Gamma Communications plc, Arcontech Group plc, Lighthouse Group plc and Tribal Group plc.

He is also non-executive director of USA based Corero Network Security plc an IT security company also listed on AIM. In addition Richard is Chairman and non- executive director of The British Smaller Companies VCT2 Plc, a venture capital trust, which is listed on the main market.  Richard is a Fellow of The Institute of Chartered Accountants in England and Wales.

Membership of board committees
- Nomination Committee (Chairman)
- Audit committee
- Remuneration committee

The Role of the Board

The Board is responsible for leading and controlling the Group and has overall authority for the management and conduct of the Group’s business, strategy and development. This includes ensuring the maintenance of a sound system of internal control and risk management (including financial, operational and compliance controls), for reviewing the overall effectiveness of systems in place and for the approval of any changes to the capital, corporate and/or management structure of the Group.

The Board delegates to management the day-to-day running of the Group within defined risk parameters. Board meetings are scheduled to coincide with key events in the corporate calendar including the interim and final results and Annual General Meeting.

The Board has adopted a formal schedule of matters reserved for its approval and has delegated other specific responsibilities to its committees. This schedule sets out key aspects of the affairs of the Group, which the Board does not delegate, including key strategic, operational and financial issues. All Directors have access to the advice and services of the Company Secretary who has responsibility for ensuring compliance with the Board’s procedures. All the Directors have the right to have their opposition to, or concerns over, any Board decision noted in the minutes. The Board has adopted guidelines by which Directors may take independent professional advice at the Group’s expense in the performance of their duties.

The Chairman and the Non-Executive Directors met informally without the executives present once a quarter during the year and will continue periodically to hold such meetings during 2017 and beyond.

Role of the Chairman and Chief Executive

The Board is chaired by Richard Last. The Chairman is responsible for the effective leadership of the Board, having regard for the interests of all stakeholders and promoting high standards of corporate governance.

Alan Stubbs is the Chief Executive Officer and is responsible for implementing the Board’s strategy and leading the senior management team. The role is distinct and separate to that of Chairman and clear divisions of accountability and responsibility have been agreed by the Board, and are set out in writing.

Role of the Senior Independent Director (SID)

Roger McDowell is the Senior Independent Director. The Code recommends that the Board of Directors of a Company with a premium listing on the Official List should appoint one of the Non-Executive Directors to be the Senior Independent Director to provide a sounding board for the Chairman and to serve as an intermediary for the other Directors when necessary. The Senior Independent Director should be available to shareholders if they have concerns which contact through the normal channels of the Chairman, CEO or other Executive Directors has failed to resolve or for which such contact is inappropriate.

Role of the Company Secretary

Mike Cane is the Company Secretary. The role of the Company Secretary is to develop, implement and maintain good corporate governance practices. This includes supporting the Chairman and Non-Executive Directors as appropriate, managing Board and Board committee meetings, facilitating the induction of new Directors, ensuring that appropriate levels of Directors’ and Officers’ insurance is in place and that the Group is compliant with statutory and regulatory requirements. The responsibilities of the Company Secretary have been agreed by the Board and set out in writing.