The Scotmid Co-operative Board consists of 12 directors, who are nominated to serve by the Regional Committees and are elected by the members at Ordinary General meetings.
How the Board works
The Board of Directors meets regularly throughout the year, with meetings held monthly at the Society’s head office in Newbridge and with the Chief Executive in attendance. The Society’s rules provide that the Board has the following responsibilities:
To ensure that the Society’s affairs are conducted in accordance with the Rules, the best interests of the Society and its members and in accordance with the Co-operative Values and Principles;
To determine the strategy and policy of the Society in consultation with the Chief Executive and the Management Executive; and
To oversee the Chief Executive and the Management Executive in the day-to-day management of the business of the Society.
The Board appoints a number of committees to review specific matters on its behalf and to bring forward recommendations for their consideration. These are the General Purposes Committee; Audit Committee; Remuneration Committee and Search Committee.
The Board delegates the day to day management of the Society’s activities to the Chief Executive, who is responsible for the execution of the Society’s strategy. The Directors also have access to the advice and services of the Society Secretary, who is responsible for advising them on governance matters. The Board, and its Committees, can also take independent professional advice from external consultants, under an agreed procedure. The Directors are required to undertake training including a structured induction programme for new Directors, to enable them to fulfil their role competently.