Board of Directors
SnBM has seven democratically elected Directors and one appointed Director.
Elected Directors are non-executive and are elected for a three year period. Appointed Directors are appointed annually. A rolling process of elections is built in to the Company’s Articles of Association, allowing for new Directors and the re-election of existing Directors. The Directors are responsible for setting company policy and deciding on the priority development activities.
The Chief Executive was appointed by the Board, is responsible for all day-to-day matters and has full executive responsibility for running the company.
Board Meetings are usually held on the second Thursday evening of each month. Minutes of each meeting are posted on this page after they have been approved at the following month’s meeting.
The Company aims to hold its Annual General Meeting in June each year. The Director Election process beings approximately two months prior to the AGM.
On behalf of the community, SnBM works with other agencies and social enterprises to support initiatives aimed at growing the local economy. Such cases include Economic Diversification, various Crofting issues and the Lochboisdale – Mallaig Ferry Campaign.
Working Groups have been established to support the Company’s operations, in particular current and future projects. The Working Groups enable the Company to bring in additional expertise and strategic support to the various projects whilst ensuring strong support locally. Where projects are identified and accepted by the Board in conjunction with the Working Groups, the Working Group will provide ongoing strategic support to the department and staff delivering each project.
Subsidiary Company Boards of Directors
With the work undertaken by the company expanding and growing increasingly complex, the elected Directors have recruited six new co-opted Directors to the subsidiary companies South Uist Renewable Energy Ltd. and Lochboisdale Development Ltd. The new Directors have already been closely involved with the two projects through Working Groups, and their co-option as Directors almost doubles the number of local people volunteering as Directors to deliver the aspirations of community ownership.
The Board of Directors of Stòras Uibhist is made up of seven democratically elected Directors and one appointed Director.
All Directors are non-executive and are elected for a set period and a rolling process of elections to allow for new Directors and re-election of existing Directors is built into the Memorandum and Articles of the company. The Directors are responsible for setting company policy and deciding on the priority development activities.