chilledbear 16 Posted May 30, 2013 Share Posted May 30, 2013 MUrray still on the Board? 0 Quote Link to post Share on other sites More sharing options...
Guest Jamkam Posted May 30, 2013 Share Posted May 30, 2013 no, he stood down 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,444 Posted May 30, 2013 Share Posted May 30, 2013 no, he stood down Lifted from FF: Following the appointment of Walter as chairman former incumbent Malcolm Murray will remain on our board as an executive director. 0 Quote Link to post Share on other sites More sharing options...
barca72 440 Posted May 30, 2013 Share Posted May 30, 2013 Here is an example of the duties of a chairman of the board. There could be variations of course but this lays out a basic template for Walter's duties. ROLE DESCRIPTION for CHAIRMAN of the BOARD 1. PURPOSE The Chairman of the Board shall, together with the Lead Director, as applicable, facilitate the operations and deliberations of the Board of Directors (the â??Boardâ?) and the satisfaction of the Board's functions and responsibilities under its mandate. 2. GENERAL 1. Appointment and Removal of Chairman of the Board - The Chairman of the Board shall be elected annually by the members of the Board at the first meeting of the Board after each annual general meeting of the Company‟s shareholders or between annual general meetings upon the resignation, death, disqualification or removal of the Chairman of the Board. The Chairman of the Board shall serve at the pleasure of the Board, or until the earlier of the close of the next annual general meeting, the death of the Chairman of the Board or the resignation, disqualification or removal of the Chairman of the Board from the Board. 2. Qualifications - The Chairman of the Board shall be a member of the Board. 3. Access to Management and Outside Advisors - The Chairman of the Board shall have unrestricted access to the Company‟s management and employees. The Chairman of the Board shall have the authority to conduct investigations into any matters within the scope of his or her responsibility, retain and terminate external legal counsel, consultants or other advisors to assist him or her in fulfilling his or her responsibilities and to set and pay the respective compensation for these advisors without consulting or obtaining the approval of the Board or any Company officer. The Company shall provide appropriate funding, as determined by the Chairman of the Board, for the services of these advisors. 3. FUNCTIONS AND RESPONSIBILITIES The Chairman of the Board shall have the functions and responsibilities set out below as well as any other functions that are specifically delegated to the Chairman of the Board by the Board. In addition to these functions and responsibilities, the Chairman of the Board shall perform the duties required of a chairman of a board of directors by the binding requirements of any exchange upon which securities of the Company are traded or any governmental or regulatory body exercising authority over the Company, as are in effect from time to time (collectively, the â??Applicable Requirementsâ?). 1. Board Management a. Chair of Board Meetings - The Chairman of the Board shall chair Board meetings that he or she attends. The Chairman of the Board may vote at a Board meeting on any matter requiring a vote. b. Board Meetings - In consultation with the Lead Director and Chief Executive Officer, the Chairman of the Board shall set the agenda for each Board meeting. Each Board meeting agenda shall include appropriate strategic issues and any other matters requiring approval of, or consideration by, the Board. c. Access to Management and Outside Advisors - On an ongoing basis, the Chairman of the Board shall work with the Lead Director to assess whether the Board and its committees have appropriate administrative support, access to senior management and access to outside advisers for the purposes of the Board fulfilling its mandate. d. Director Performance â?? In consultation with the Corporate Governance Committee and Lead Director, on at least an annual basis, the Chairman of the Board shall lead the review and assessment of director attendance, performance and compensation and the size and composition of the Board. e. Execution of Documents â?? The Chairman of the Board shall sign all contracts, documents or instruments in writing which require his signature. 2. Advisory Matters Relating to the Chief Executive Officer a. Input on Chief Executive Officer Matters â?? Except when the roles of the Chairman of the Board and the Chief Executive Officer are carried out by the same person, the Chairman of the Board shall provide input to the Corporate Governance Committee in respect of the appointment, removal, evaluation and succession of the Chief Executive Officer. b. Meeting with Chief Executive Officer â?? Except when the roles of the Chairman of the Board and the Chief Executive Officer are carried out by the same person, the Chairman of the Board shall regularly meet with the Chief Executive Officer to provide feedback and advice on behalf of the Board. On an ongoing basis, the Chairman of the Board shall communicate with the Chief Executive Officer, on behalf of the Board regarding concerns or comments of the Board, shareholders or other stakeholders. 3. Strategic Planning - At least annually, the Chairman of the Board shall review management's strategic planning initiatives. 4. REPORTING TO THE BOARD 1. The Chairman of the Board shall report to the Board on material matters arising in undertaking his or her functions and responsibilities under this mandate and, if necessary, shall make recommendations to the Board for its approval on these matters. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 30, 2013 Share Posted May 30, 2013 great time to be in the chairmans club at ibrox i would say. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 30, 2013 Share Posted May 30, 2013 Very interesting appointment! Congratulations to Walter! 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted May 30, 2013 Share Posted May 30, 2013 I'm happy. It's a good option. Could have gone a lot worse. I believe that Murray is an executive director. Is that correct? If so, wonder where this leaves Cartmel - and also the Easdales and the guy that Blue Pitch wanted on board. Seems the good guys have got one more vote now? 0 Quote Link to post Share on other sites More sharing options...
plgsarmy 111 Posted May 30, 2013 Share Posted May 30, 2013 I'm happy. It's a good option. Could have gone a lot worse. I believe that Murray is an executive director. Is that correct? If so, wonder where this leaves Cartmel - and also the Easdales and the guy that Blue Pitch wanted on board. Seems the good guys have got one more vote now? I think he's a non-executive director. 0 Quote Link to post Share on other sites More sharing options...
DUDE 0 Posted May 30, 2013 Share Posted May 30, 2013 At least you can be sure Walter has Rangers best interest at heart, wether he's got business experience or not. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted May 30, 2013 Share Posted May 30, 2013 At least you can be sure Walter has Rangers best interest at heart, wether he's got business experience or not. What he thinks is best may not be best, we shall see. 0 Quote Link to post Share on other sites More sharing options...
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