We are seeking to build our Board to replace an exceptional NED who is Chair of the Remuneration Committee as well as providing strength and succession through the appointment of a further two or three, non-executive directors over the course of 2025. The positions will have a common set of responsibilities whilst also bringing expertise in a specialist area.

Key responsibilities:

• Contribute as active and supportive members of the Board, direct the strategic development through decisive leadership, clear plans and targets;
• Bring an external, independent perspective, and advise the Board and executive accordingly;
• Scrutinise and monitor the performance of HVM Catapult, ensuring that it delivers in line with its strategy and targets;
• Challenge and support the CEO, CFOO and executive leadership team in their decision making;
• Advise on risk management, internal control frameworks and systems which support the integrity and quality of management information;
• Assist in developing key relationships and communicating with industry, government, academia, sector bodies and other key stakeholders;
• Work with the fellow NEDs to provide governance and strategic oversight;
• Work with the Chair and fellow NEDs to ensure that HVM Catapult is meeting the core objectives of the Strategic Plan and that these objectives are in line with its purpose and strategy priorities;
• Develop effective relationships with government, other similar organisations, charities, relevant public and private sector organisations, academic bodies, the media, and other key external stakeholders in the UK and internationally to maximise engagement;
• Act as an enabler and promotor of innovation and technology;
• Maintain an awareness of local and national policy and how it impacts HVM Catapult;
• Act as an ambassador for HVM Catapult, championing its interests locally, nationally and internationally, representing the organisation effectively to external stakeholders; and
• Maintain absolute integrity, independence and professionalism in view of the exposure to delicate and confidential issues at Board level.

Membership of Board sub-committees

We will ask the new Board member to Chair the Remuneration Committee.

• The Remuneration Committee: Responsible for all elements of the remuneration of the HQ team and the Chair of the HVM Catapult, including pension rights and compensation payments. Meets twice a year.

Committee Requirements

Remuneration Committee

Comprised of CEO, Chair and at least two Non-Exec Directors (one can be the Chair) For meeting to be quorate, majority must be Non-Exec Directors

 

Terms of Appointment

Duration of appointment

First appointment for 3 years, renewable for a second and third term, up to a maximum of 9 years.

Estimated time commitment

Non-executive directors are required to commit to four Board meetings over 2 days a year plus strategic meetings equating to an average of 10 days per annum in total. The meeting venues rotate between the HVM Catapult centres and there is a dinner the evening before the meeting.

Membership of a sub-committee, as outlined above, which involves two or three meetings a year of two hours each plus preparation time.

Remuneration

£15,000 per annum, payable quarterly

Travel and subsistence expenses for Board work will be covered.