Purpose

1.     Approve the appointment of the following as directors of the subsidiary company of Peterborough Limited (Peterborough Culture, Heritage, Learning and Leisure):

Oliver Hayward (Council Director) - Council’s Service Director for Commissioning (Adults)

James Collingridge (Council Director) - Council’s Head of Highways and Transport

Ian Spence – Director of Operations for Peterborough Limited

          James Hornett – Director of Business Strategy for Peterborough Limited

Reasons for the decision

The recommendation has been made to ensure that the new subsidiary company has an appropriate board of Directors, including appropriate Council representation on the board. The named persons have been selected for Council representation on the board owing to the following: 

·       Service knowledge 

·       Commissioning awareness 

Alternative options considered

Not appoint a board of Directors:

This was discounted, as a board is needed in order for the subsidiary company to operate.