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States of Jersey Development Company: Extension of appointment of Chairman

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A decision made on 19 March 2012:

Decision Reference:   MD-TR-2012-0032

Decision Summary Title:

Extension of appointment of Chairman of States of Jersey Development Company (SoJDC)

Date of Decision Summary:

19 March 2012

Decision Summary Author:

Head of Decision Support

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 N/A

Written Report

Title:

Extension of appointment of Chairman of States of Jersey Development Company (SoJDC)

Date of Written Report:

19 March 2012

Written Report Author:

Head of Decision Support

Written Report :

Public or Exempt?

Public

Subject: Extension of appointment of Chairman of States of Jersey Development Company (SoJDC).

Decision(s):  The Minister decided to extend the appointment of Mr. Mark Boleat as the Chairman of the States of Jersey Development Company (SoJDC) by up to three months.

Reason(s) for Decision:  P32/2011:  States of Jersey Development Company Limited: appointment of Chairman and Non-Executive Directors (as amended by the Minister for Treasury and Resources) appointed Mr. Mark Boleat as Chairman of SoJDC for an initial 9 months. The report accompanying the amendment to the proposition stated this could be extended to 12 months.

Resource Implications:  There are no financial or manpower consequences as a result of the introduction of this decision.

Action required:  Head of Decision Support to inform the Managing Director of SOJDC of this decision.

Signature:

Position: Senator  P F C Ozouf, Minister for Treasury and Resources

 

                 

 

Date Signed:  

 

Date of Decision:  

States of Jersey Development Company: Extension of appointment of Chairman

Treasury and Resources

Ministerial Decision Report

 

 

 

Extension of appointment of Chairman of States of Jersey Development Company (SoJDC)

 

  1. Purpose of Report

The purpose of this Report is to gain the Minister’s approval to extend the appointment of Mr. Mark Boleat as the Chairman of the States of Jersey Development Company (SoJDC) by three months.             

 

  1. Background

P32/2011:  States of Jersey Development Company Limited: appointment of Chairman and Non-Executive Directors (as amended by the Minister for Treasury and Resources) appointed Mr. Mark Boleat as Chairman of SoJDC for an initial 9 months. The report accompanying the amendment to the proposition stated this could be extended to 12 months.

 

SoJDC is currently in the process of undertaking an open recruitment process for its Chairmanship. As a result of this the Managing Director of SoJDC has requested that Mr. Boleat’s appointment be extended by up to three months to allow this process to conclude. The current appointment was due to end on 20th March 2012.

 

  1. Recommendation

That the Minister agrees to extend the appointment of Mr. Mark Boleat as the Chairman of the States of Jersey Development Company (SoJDC) by up to three months.

 

 

  1. Reason for Decision

P32/2011:  States of Jersey Development Company Limited: appointment of Chairman and Non-Executive Directors (as amended by the Minister for Treasury and Resources) appointed Mr. Mark Boleat as Chairman of SoJDC for an initial 9 months. The report accompanying the amendment to the proposition stated this could be extended to 12 months.

 

  1. Resource Implications

There are no financial or manpower consequences as a result of the introduction of this decision.

 

 

Report author : Head of Decision Support

Document date : 19th March 2012

Quality Assurance / Review : Director of Financial Planning and Performance

File name and path: L:\Treasury\Sections\Corporate Finance\Ministerial Decisions\DSs, WRs and SDs\2012-0032 - SoJDC Chairman - KH\WR - Extend SoJDC Chairman appointment - KH.doc

MD sponsor : Treasurer of the States

 

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