Shareholder Executive

From Powerbase
Jump to: navigation, search

The Shareholder Executive states on its website:

The Shareholder Executive was created in September 2003 to improve the government's performance as a shareholder in businesses. We currently have a portfolio of 29 businesses in which the Government has a shareholding. Our role is to work with government departments and management teams to help these businesses perform better. We want to create a climate of ownership that, while challenging, is genuinely supportive and provides the framework for them to succeed. We advise Ministers and officials on a wide range of shareholder issues including objectives, governance, strategy, performance monitoring, board appointments and remuneration. We also have a wider role as a corporate finance resource within government. This is applied beyond the portfolio of government-owned businesses, for example to applications for support under regional and industrial assistance programmes[1].

Member organisations

The Shareholder Executive currently manages a portfolio of 29 businesses, with a combined turnover of around £24 billion, equivalent to equivalent to around 1.8% of GDP. It either advises Ministers directly (Executive) or advises shareholder teams in the respective Departments (Advisory).

Department for Business, Enterprise & Regulatory Reform

British Energy plc Shareholder Executive contact: Richard Nourse HMG has certain financial interests in British Energy plc but no shares

BNFL plc Shareholder Executive contact: Richard Nourse

Export Credits Guarantee Department (ECGD)

Shareholder Executive contact: Jo Crellin

Nuclear Decommissioning Authority Shareholder Executive contact: Jo Crellin

Royal Mail Group plc Shareholder Executive contact: Susannah Storey

United Kingdom Atomic Energy Authority (UKAEA) Shareholder Executive contact: Gerard Conway

Urenco Shareholder Executive contact: Richard Nourse

HM Treasury

Northern Rock Shareholder Executive contact: Charlie Villar

Partnerships UK Shareholder Executive contact: Stephen Lovegrove

Royal Mint Shareholder Executive contact: Charlie Villar

Ministry of Defence

ABRO Shareholder Executive contact: Peter Shortt On 1 April 2008, ABRO and DARA merged to form The Defence Support Group (DSG)

Defence Aviation Repair Agency (DARA) Shareholder Executive contact: Peter Shortt On 1 April 2008, ABRO and DARA merged to form The Defence Support Group (DSG)

Defence Science and Technology Laboratory (Dstl) Shareholder Executive contact: Peter Shortt

Met Office Shareholder Executive contact: Peter Shortt

UK Hydrographic Office Shareholder Executive contact: Peter Shortt

Home Office Forensic Science Service Shareholder Executive contact: Susannah Storey

Department for Transport

NATS Shareholder Executive contact: Jo Shanmugalingam

Department for International Development

Actis Capital LLP Shareholder Executive contact: Gerard Conway

CDC Group plc Shareholder Executive contact: Jo Crellin

Department for Work and Pensions

Working Links Limited Shareholder Executive contact: Jo Shanmugalingam

Department for the Environment, Food and Rural Affairs

British Waterways Authority Shareholder Executive contact: Peter Shortt

New Covent Garden Market Authority Shareholder Executive contact: Peter Shortt

Department for Culture, Media and Sport

Channel 4 Shareholder Executive contact: Stephen Lovegrove

The Tote Shareholder Executive contact: Susannah Storey

Department for Communities and Local Government

Ordnance Survey Shareholder Executive contact: Charlie Villar

QEII Conference Centre Shareholder Executive contact: Jo Shanmugalingam

Department for Regional Development (Northern Ireland)

Northern Ireland Water Shareholder Executive contact: Tim Martin

Scottish Government

Scottish Water Shareholder Executive contact: Tim Martin [2]


People

Philip Remnant Chairman Stephen Lovegrove Chief Executive Mark Russell Deputy Chief Executive Marc Middleton Managing Director Mark Boyle Director Matt Brodrick Director Gerard Conway Director Jo Crellin Director Tim Martin Director Richard Nourse Director Robert Palache Director Richard Ramsay Director Jo Shanmugalingam Director Peter Shortt Director Susannah Storey Director Charlie Villar Director [3]

References

  1. Shareholder Executive Home Page, Accessed 5 December 2008
  2. Shareholder Executive Portfolio of Businesses Accessed 5 December 2008,
  3. Shareholder Executive The Shareholder Executive Senior Team, Accessed 5 December 2008