Somerset Committees

Shareholder Executive Sub-Committee

Recent meetings

1 meeting

About

The Shareholder Executive Sub-Committee (SESC) is part of Somerset Council's governance for companies it wholly or partly owns. It acts on behalf of the Council as a shareholder to ensure these companies, involved in service provision or trading, perform satisfactorily.

The SESC makes decisions on how the Council's representative votes on company boards, particularly on significant legal or financial matters. It monitors company business plans, evaluates financial and service performance, and can appoint or remove directors. While it does not have operational control, it provides strategic direction and can make recommendations to the Executive on company matters, including dividend distribution and changes to articles of association.

Members

Profile image for Bill Revans
Bill Revans · Chair
Profile image for Liz Leyshon
Liz Leyshon · Member
Profile image for Mike Rigby
Mike Rigby · Member
Profile image for Sarah Wakefield
Sarah Wakefield · Member