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Ron Robson - New Director Appointed

Why is the club always "Delighted" whenever they make a new appointment at the club? It's like they just plucked that adjective from the dictionary and want to flog it to death :lol:
 
Jurgen the German said:
Why is the club always "Delighted" whenever they make a new appointment at the club? It's like they just plucked that adjective from the dictionary and want to flog it to death :lol:
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It is standard corporate-speak. Chief executives are always "excited" about the new double-glazing in the lobby, or the £15-a-year revenue to be generated through a joint venture with The Gorgonzola Sock company.

As the name suggests, a non-executive director (NED) does not hold any executive responsibility, so Robson won't have a lot of impact.

A NED is usually there to keep the executive directors in line - fat chance of this, usually, as the Old Boys Network typically applies - and is often appointed because of his or her connections.

In this case, his "connection" is with that of Piedmont, Joe Lewis's investment vehicle. As a previous poster noted, Lewis had a go at taking over Mitchells & Butlers (M&B) and although he did not succeed, he built up enough of a stake to get some representation on the M&B board; Robson is deputy chairman of M&B (a non-executive role).
 
Roland Beurre said:
It is standard corporate-speak. Chief executives are always "excited" about the new double-glazing in the lobby, or the £15-a-year revenue to be generated through a joint venture with The Gorgonzola Sock company.

As the name suggests, a non-executive director (NED) does not hold any executive responsibility, so Robson won't have a lot of impact.

A NED is usually there to keep the executive directors in line - fat chance of this, usually, as the Old Boys Network typically applies - and is often appointed because of his or her connections.

In this case, his "connection" is with that of Piedmont, Joe Lewis's investment vehicle. As a previous poster noted, Lewis had a go at taking over Mitchells & Butlers (M&B) and although he did not succeed, he built up enough of a stake to get some representation on the M&B board; Robson is deputy chairman of M&B (a non-executive role).
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It's probably more than just that in this case. A non exec is also often appointed because he brings with him experience, or a specific set of skills, that others on the board might not have to any great degree.
 
jimmyb said:
It's probably more than just that in this case. A non exec is also often appointed because he brings with him experience, or a specific set of skills, that others on the board might not have to any great degree.
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Precisely this, so if you wanted someone with lots of experience of "leisure, real estate and logistics sectors" because you are planning a major stadium/retail/leisure/real estate/logistics blah blah then he is a good man to have on board for a while.
 
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