Shareholder Executive
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
- ↑ Shareholder Executive Home Page, Accessed 5 December 2008
- ↑ Shareholder Executive Portfolio of Businesses Accessed 5 December 2008,
- ↑ Shareholder Executive The Shareholder Executive Senior Team, Accessed 5 December 2008
