Decision details
Aequus Shareholder Reserve Matters Decision – Appointment of Non Executive Director (WL)
Decision Maker: Council Leader
Decision status: Approved (subject to call-in)
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
Approval of the appointment of one new AGHL
Non-Executive Director following the retirement of an existing
Non-Executive Director.
Decision:
The Cabinet Member agrees to:
Approve the Appointment of Chris Faulkner as Aequus Non-Executive
Director.
Reasons for the decision:
One of the current Aequus Non-Executive Directors (NEDs), Liz Pickering, ended her first term on 31st March 2026 and will not be serving another term. Michelle Hyde, also stood down as an NED in October 2025 due to a promotion in her permanent employment which created a potential conflict of interest
As of 1st April 2026, this leaves 4 NED’s and 2 Executive Directors on the board and given that the quorum for Board meetings is 3 directors, one of whom must be a NED, it was crucial to fill one of these vacancies promptly to maintain effective governance.
To ensure the Board continues to operate efficiently, the recruitment of a new NED was strongly focussed on experience in Housing and Development.
Alternative options considered:
None.
Publication date: 07/05/2026
Date of decision: 07/05/2026
Date comes into force if not called in: 15/05/2026
Call-in deadline date: 14/05/2026
Current call-in Count: 0
Accompanying Documents:
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