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Pioneering non executive directorship initiative Unilever and The Quoted Companies Alliance (QCA)
In liaison with these two bodies, CEO announces a unique new initiative to improve the non executive directorship marketplace. Unilever has agreed to facilitate circa 40 of its senior current or recent executives publicly announcing their wish to secure non executive directorships on the boards of sub FTSE 350 businesses. This is to break the deadlock factors between different market sectors that inhibit matching of very senior FTSE 100 executives to smaller businesses. The deadlock factors the scheme overcomes include these
The Quoted Companies Alliance (QCA) has launched a special website section that contains anonymous 'thumbnails' and CVs of the Unilever executives who are seeking non executive (and some consultancy/interim) appointments. They include many international chairmen and specialists who for the first time can publicly offer their expertise and availability to UK companies. Anyone can view the QCA website displaying the CVs. QCA members (Annual membership is £1200 pa) can ask CEO for identified CVs and introductions so they can contact the executives direct for talks. If an appointment is made the QCA member pays a success fee to CEO of £5k + VAT. The parties hope this first initiative will encourage other FTSEs to join this Win/Win scheme. The FTSE senior executives gain the opportunity of wider and different career experience; smaller UK businesses who could normally never find access to them, can do so easily and at modest cost only if an appointment is made Financial Times comments Click here
To see the QCA list
of Unilever executives
Click here
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