Leadership and Management
The Management Buy-Out that took place in April 2008 resulted in a major overhaul of BWB’s Board Structure. Whilst the primary objective of the MBO was to ensure that BWB remained an independent owner-managed consultancy business, a secondary objective was to improve and streamline the management structure.
Primary responsibility for corporate governance rests with BWB’s Executive Board, which comprises the four major shareholders of the business who led the MBO, together with the Finance Director and Non-Executive Chairman. The structure and composition of the Executive Board is shown below. It is the ‘accountable body’ for BWB Consulting and has overall legal and commercial responsibility for the Company.
EXECUTIVE BOARD |
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Tim Loveridge (Executive Director) |
Colin Langford (Executive Director) |
Greg Nicholson (Executive Director) |
Steve Wooler (Managing Director) |
Paul Collins (Financial Director) |
Nick Townsend (Non-Executive Chairman) |
The day-to-day operational management of the Company is undertaken by the Operations Board which is, in effect, the ‘engine room’ of the business. It is empowered to define and implement operational policy, procedures and practice. It works within the strategic, legal and financial parameters delegated to it by the Executive Board.
The Operations Board comprises senior management representatives from all key areas of the business. These managers, intimately involved in the operational aspects of the business, are best placed to implement and champion actions necessary to manage and improve our business. Although each representative has a vested interest in reporting and implementing improvements within their own business area, the remit of the Operations Board is to consider issues from a corporate perspective.
BWB’s Board of Directors care passionately about the business, its people and its future prospects. We are confident that our independent status combined with our proven multi-disciplinary ability and wide geographic coverage will continue to strengthen BWB’s standing in a UK Consultancy market that, over recent years, has seen a seemingly inexorable trend of takeover and merger activity.