The Board recognises that the manner in which the Group is governed is critical to the long-term success of the business.
This includes managing all internal day-to-day aspects of the business but also managing the impact the Norse Group has on the wider community and environment. The Board strives to act responsibly in everything it does. The Board is committed to ensuring that high standards of corporate governance are achieved throughout the Group and strongly believes that any corporate governance initiatives need to promote and support good business practices.
Our Board members
Andy Wood
Chair, Non-Executive Director appointed by Norfolk County Council
Andrew Proctor
Non-Executive Director appointed by Norfolk County Council
Justin Galliford
Chief Executive Officer (CEO) Norse Group Limited
Zoe Repman
Interim Chief Finance Officer (CFO) Norse Group Limited
Lord Gary Porter, CBE
Independent Non-Executive Director
Simon Hardwick
Independent Non-Executive Director
Brian McCarthy
Independent Non-Executive Director
Our Governance Framework
The governance and operating model of the Norse Group differs significantly from that of privately-owned commercial companies in order to operate a business that complies with the Public Contracts Regulations 2015. The Board recognises that the manner in which the Group is governed is critical to the long-term success of the business.
The Group’s board is made up of Directors of the Norse Group and is chaired by an Executive Director of Norfolk County Council. The Board is supported by three independent Non-Executive Directors who provide challenge and guidance to enhance the Group offerings.
The Investment Committee recommends and provides advice to the Board on the development of the Group’s Investment Strategy and investment priorities. The committees takes an active role in reviewing previous investments and also provides constructive challenge and support to the Group executive team in relation to significant investment decisions.
The Group’s Audit Committee provides effective governance over the appropriateness of the group’s financial reporting, and the performance of both the Internal and External Audit functions. The Committee also oversees the group’s internal control systems, business risks management and related compliance activities.
The Remuneration and Nomination Committee evaluates the composition, diversity, experience, knowledge, skills and independence of the Board and its committees. This allows the appropriate balance to be maintained and ensures the continued effectiveness of the Board. The Committee also ensures that appropriate succession plans for the Non-Executive Directors, Executive Directors and the group’s senior management are also kept under review, taking into account the challenges and opportunities facing the group, and the diversity, skills and expertise that are therefore required in the future.
All of our Committees are chaired by a Non-Executive Director and directly report back to the Norse Group Board.
The gender pay figures for nine Norse Group companies are reported to the Government for 2021. Of these, six reported a mean gender pay gap of less than 10%.
The mean average Norse Group gender pay gap for 2021 is 16.6%, down from 16.8% in 2020. Whilst this small movement is in the right direction, it is not enough and we are driven and focused to achieve more in 2022.
The Norse Group are partners with a renowned whistleblowing support service. The aim of the service is to give our staff the empowerment to report any issues surrounding bribery and corruption, fraud or serious allegations which they have encountered.
