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Showing posts with label Cairn. Show all posts
Showing posts with label Cairn. Show all posts

Saturday, 12 March 2011

THE TEMPLATE

Reposted to maintain position as the first posting on 12/03/2011

 Hamish McLeod GROSSART
52 born 07-Apr-1957
SPECulative Society of Edinburgh Member
IndigoVision
Non-Executive Chairman joined the board as chairman in 1996.
Cairn Energy PLC
currently also non-executive deputy chairman
Cairn India Limited
a non-executive director Member and Chairman of the Audit, Remuneration, Nomination & Corporate Governance Committees
British Polythene Industries PLC
Deputy Chairman
Artemis Investment Management Limited
a non-executive director

PAST ACHIEVEMENTS!!
Quality Care Homes
Scottish Radio Holdings

Martin Currie Income and Growth Trust
Digital Bridges
Barker & Dobson - (Drayton Consolidated Trust) - Alma Holdings
Royal Doulton
Eclipse Blinds
Scottish Highland Hotels
Hicking Pentecost
EFT Group
Sigma Technology Venture Fund (STVF)
Sigma Technology Management (“Sigma”)
McLaren Software
He has over 20 years' experience on public company boards, in a wide range of industries,
both in an executive and non-executive capacity, frequently with catastrophic consequences.

He has left:
a long trail of broken lives, betrayed staff, colleagues and women,
who have suffered from his emotional inadequacies and lack of maturity.

A weak and bullying individual,
who brings shame and unhappiness to his children,
and those who misguidedly cared for him, as he sets out to prove his worth to himself. 

Always acting egocentrically at the expense of those he can bully, exploit and control.
An emotional Narcissist & a manipulative sociopath.
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Friday, 27 November 2009

Ethical Good Governance!

NB:
You will note that subsequent to our publishing this article on what seemed to be dubious and unethical practices rapid changes whave been mad!


In Consideration of Ethical Good Governance!

Is there not a very clear opportunity in such group/organisations of a 'swop hat' mentality as members move from committee to committee with a risk of being in breech of the spirit of diligence and good governance.

Buggins turn on the Knicker Elastic Committee?
Heaven forefend - he was there last shuffle - lets put him on the other Company!
Musical Chairs Perchance?

Perhaps we misunderstood how it works!

Hamish Grossart


Non-Executive Deputry Chairman (52)

Hamish Grossart was appointed an independent non-executive director of Cairn in 1994 and Deputy Chairman in 1996. He has 25 years’ experience on public company boards in a wide range of industries, both in an executive and non-executive capacity.

He is currently also Deputy Chairman of British Polythene Industries PLC,
Chairman of Indigo Vision Group plc
and a non-executive director of Artemis Investment Management Limited.

Cairn
Cairn Energy Plc
Cairn India CIL
Dyas?
Capricorn

Audit Committee

The audit committee comprises three non-executive directors, all of whom are considered by the Board to be independent. Currently, its members are Iain McLaren (chairman), Hamish Grossart and Dr Jim Buckee. The Board is satisfied that two members of the committee have recent and relevant financial experience. Mr McLaren was formerly a partner at KPMG LLP. Mr Grossart serves on audit committees of other listed companies and trained as an investment banker. The Board considers it appropriate for Mr Grossart to remain a member of the audit committee for the time being to ensure continuity given that Iain McLaren and Dr Jim Buckee are new members of the committee.

All meetings of the audit committee are also attended by the external auditors and by the internal auditors. The external auditors receive copies of all audit committee papers (including papers to be considered at meetings when they are not in attendance) and minutes of all committee meetings. In addition, the chairman of the committee regularly meets with the external audit partner to discuss matters relevant to the Company.

The role of the committee includes:

monitoring the integrity of the financial statements of the Company and formal announcements relating to the Companys financial performance and reviewing any significant financial reporting judgements contained in them;
reviewing accounting policies, accounting treatments and disclosures in financial reports;
reviewing the Companys internal financial controls and internal control and risk management systems;
monitoring and reviewing the effectiveness of the Companys internal audit function;
overseeing the Companys relationship with the external auditors, including making recommendations to the Board as to the appointment or reappointment of the external auditors, reviewing their terms of engagement, and monitoring the external auditors independence, objectivity and effectiveness; and
reviewing the Companys whistleblowing procedures and ensuring that arrangements are in place for the proportionate and independent investigation of possible improprieties in respect of financial reporting and other matters and for appropriate follow-up action.

Committee Members

Iain McLaren, Chairman










Hamish Grossart

Dr Jim Buckee







To view the relevant page of Cairn blurb CLICK HERE & HERE

Hamish McLeod GROSSART52 born 07-Apr-1957
SPECulative Society of Edinburgh Member
IndigoVision
Non-Executive Chairman joined the board as chairman in 1996.
Cairn Energy PLC
currently also non-executive deputy chairman
Cairn India Limited
a non-executive director Member and Chairman of the Audit, Remuneration, Nomination & Corporate Governance Committees
British Polythene Industries PLC
Deputy Chairman
Artemis Investment Management Limited
a non-executive director

PAST ACHIEVEMENTS!!
Quality Care Homes
Scottish Radio Holdings
Digital Bridges
Barker & Dobson - (Drayton Consolidated Trust) - Alma Holdings
Royal Doulton
Eclipse Blinds
Scottish Highland Hotels
Hicking Pentecost
EFT Group
He has over 20 years' experience on public company boards, in a wide range of industries,
both in an executive and non-executive capacity, frequently with catastrophic consequences.
He has left:
a long trail of broken lives, betrayed staff, colleagues and women,
who have suffered from his emotional inadequacies and lack of maturity.

A weak and bullying individual,
who brings shame and unhappiness to his children,
and those who misguidedly cared for him, as he sets out to prove his worth to himself. 

Always acting egocentrically at the expense of those he can bully, exploit and control.
An emotional Narcissist & a manipulative sociopath.
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Thursday, 22 October 2009

IndigoVision Group

IndigoVision Group
www.indigovision.com
Location:
The Edinburgh Technopole
Bush Loan
Edinburgh, SCO EH26 0PJ
United Kingdom
P: +44 13 1475 7200
F: +44 13 1475 7201
www.indigovision.com

Key Information
Industry: Software & Programming
Revenues: 19.91m
Net Income: 5.95m
Founded: --

Company Description

IndigoVision Group plc (IndigoVision) and its subsidiaries is engaged in the design, development, manufacture and sale of software and hardware products. These products provide closed-circuit television (CCTV) and alarm integrators with an enterprise class Security Management System that allows motion real time video to be transmitted worldwide, in real-time, with digital quality and security, using local or wide area networks, wireless links or the Internet. The Company principally operates in Europe, Middle East and Africa; Americas, and Asia Pacific. The Company owns 100% of the capital of IndigoVision Limited, which is engaged in the design, development, manufacture and sale of software and hardware products. IndigoVision Limited owns 100% of IndigoVision Inc, which is engaged in the marketing of the Company's software and hardware products.

Directors & Officers:

Name Age Officer Since Title

Hamish Grossart 52 1996 Non-Executive Chairman of the Board

Hamish Grossart joined the board of IndigoVision as Non-Executive Chairman of the Board in 1996. He has over 20 years' experience on public company boards in a wide range of industries, both in an executive and non-executive capacity. He is currently also non-executive deputy chairman of Cairn Energy PLC, Deputy Chairman of British Polythene Industries PLC, and a non-executive director of Artemis Investment Management Limited and Cairn India Limited.

Oliver Vellacott -- -- Chief Executive Officer, Executive Director

Oliver Vellacott serves as Chief Executive Officer and Executive Director and founded IndigoVision in 1994. He was previously a product manager with a background in intelligent camera products. Oliver studied piano at the Guildhall School of Music before gaining his first degree in Software Engineering from Imperial College, London and then a PhD in Electrical Engineering from the University of Edinburgh.

Marcus Kneen -- 2003 Chief Financial Officer, Company Secretary, Executive Director

Marcus Kneen serves as Chief Financial Officer, Company Secretary, Executive Director and joined IndigoVision in 2003. Previously he held various Finance Director and General Manager positions including Incorporated Technologies (Holdings) Ltd, Grampian Country Food Group and Howegarden Ltd. Prior to that Marcus held finance and audit positions at Christian Salvesen plc and Ernst & Young. He holds an MA from the University of Dundee and is a member of the Institute of Chartered Accountants of Scotland.

Barry Keepence -- -- Chief Technology Officer, Executive Director

Barry Keepence serves as Chief Technology Officer, Executive Director and joined IndigoVision in 1999. He worked as 3Com's System Architect for their Voice Over IP systems. Prior to this, he designed command and control systems for spacecraft working for the European Space Agency and was a lecturer at Napier University, Edinburgh. Barry graduated in Electronics and holds a PhD in Robotics from Cardiff University.

Robert Cathery 64 2000 Non-Executive Director

Robert Cathery joined IndigoVision as Non-Executive Director in 2000. He was a member of the London Stock Exchange from 1967 to 2007 and was Managing Director and Head of Oil and Gas at Canaccord Europe between 2001 and 2005 prior to retiring in 2006. During his career in the City he was a Director of Vickers da Costa and Schroders Securities and Head of Corporate Sales at SG Securities (London) Ltd. He is currently a non- executive director of Salamander Energy Ltd, Vostok Energy Ltd and SOCO International plc.

Hamish McLeod GROSSART52 born 07-Apr-1957
SPECulative Society of Edinburgh Member
IndigoVision
Non-Executive Chairman joined the board as chairman in 1996.
Cairn Energy PLC
currently also non-executive deputy chairman
Cairn India Limited
a non-executive director Member and Chairman of the Audit, Remuneration, Nomination & Corporate Governance Committees
British Polythene Industries PLC
Deputy Chairman
Artemis Investment Management Limited
a non-executive director

PAST ACHIEVEMENTS!!
Quality Care Homes
Scottish Radio Holdings
Digital Bridges
Barker & Dobson - (Drayton Consolidated Trust) - Alma Holdings
Royal Doulton
Eclipse Blinds
Scottish Highland Hotels
Hicking Pentecost
EFT Group
He has over 20 years' experience on public company boards, in a wide range of industries,
both in an executive and non-executive capacity, frequently with catastrophic consequences.
He has left:
a long trail of broken lives, betrayed staff, colleagues and women,
who have suffered from his emotional inadequacies and lack of maturity.

A weak and bullying individual,
who brings shame and unhappiness to his children,
and those who misguidedly cared for him, as he sets out to prove his worth to himself. 

Always acting egocentrically at the expense of those he can bully, exploit and control.
An emotional Narcissist & a manipulative sociopath.
Enhanced by Zemanta

Tuesday, 20 January 2009

ROYAL DOULTON - DESTROYED BY ITS MISMANAGEMENT - 20-Jan-09

Royal Doulton

Last updated 23rd, January, 2009

DESPITE its spectacular fall from grace as one of the biggest and most successful names in the pottery industry, Royal Doulton remains a brand synonymous with Stoke-on-Trent, writes Richard Ault.

**CUT**

The Royal Doulton Company was de-merged from Pearson in 1993, to become a publicly quoted company on the London Stock Exchange.

Factories including the Paladin works, of Fenton; Edensor works, of Longton; Churchbank, of Tunstall; and St Mary’s works, based at Fenton, were all axed during the 1990s.

Many consider 1998 to be a defining year for the company, when 1,200 people lost their jobs.

In February, 2002, the business announced the closure of its Baddeley Green factory, as part of a restructuring plan which included the loss of 500 jobs in the Potteries and the transfer of Royal Albert production to the firm’s plant in Indonesia.

The announcement was made as the company unveiled operating losses of £12.4 million for the past year, 2001, which were called a “shattering blow” by Geoff Bagnall, general secretary of the potters’ union CATU. The union accused Royal Doulton of reneging on a promise to keep Royal Albert in Britain.

But with workers in Jakarta paid an average of £72 per month, as opposed to £260-a-week for staff in Stoke-on-Trent, Royal Doulton felt the move represented its best chance for survival.

In the wake of the closure announcement, shares in Royal Doulton fell to 13.75 pence. And more bad news was to follow. On October 21, 2002, Royal Doulton’s share price opened at 4.5p, compared to around 300p in 1996. Figures showed the business made an estimated loss of more than £10 million in the first half of 2002, a similar amount to the same time the previous year.

In September 2002, Royal Doulton announced that its famous Beswick factory, in Gold Street, Longton, would also close.

This saw the halting of the Potteries production of famous brands such as Beswick and Bunnykins, with the latter being outsourced to China.

Workers at the Regent words in Longton were also told they were out of a job.

The closures and outsourcing programme led potters’ union CATU to launch a scathing attack on Royal Doulton’s senior management team, accusing them of being “destructive and incompetent” and “arrogant and complacent”.

MP George Stevenson echoed the calls for chairman Hamish Grossart and chief executive Wayne Nutbeen to be replaced. He told The Sentinel in October, 2002: “Their management plan is clearly not working, despite several reviews.

“I believe management which is not prepared to look at its domestic and international strategy....when it has clearly failed, is not up to the job. The chairman and chief executive are responsible.”

As Royal Doulton entered 2003, it had just one factory left, at Nile Street in Burslem, with a workforce of 850 people. Losses increased to £14.7 million and sales for the year to January slumped by 17 per cent to £138 million.

Pot worker Tony Bloor had spent 16 years at various Royal Doulton factories when he was made redundant in 2002. He told The Sentinel in 2003: “I have some very good memories from my time at Doulton, but most of those are from my early years. In the last few years I didn’t enjoy going to work and I still feel bitter about the way the management treated us.

“Once the management realised they could manufacture cheaper in Indonesia it was just as if we were fodder.”

Towards the end of 2003, Royal Doulton announced it was axing another 180 jobs at Nile Street and moving yet more production overseas.

Finally, in April, 2005, the famous Nile Street factory in Burslem closed its doors for the final time, leaving Royal Doulton with a production workforce of just 50 in North Staffordshire. The huge blow to manufacturing and employment in Stoke-on-Trent was marked by a front page headline in The Sentinel which read: ‘The End’.

Royal Doulton was then taken over by Wedgwood, its former arch-rival. Today, the Royal Doulton brand continues to be at the forefront of the market, with collectors and ordinary home owners snapping-up classic designs.

In a further sad twist, in January 2009, it was announced that Waterford Wedgwood, owners of Royal Doulton, had collapsed into administration.

To view the original article CLICK HERE
Hamish McLeod GROSSART52 born 07-Apr-1957

SPECulative Society of Edinburgh Member

IndigoVision
Non-Executive Chairman joined the board as chairman in 1996.
Cairn Energy PLC
currently also non-executive deputy chairman
Cairn India Limited
a non-executive director Member and Chairman of the Audit, Remuneration, Nomination & Corporate Governance Committees
British Polythene Industries PLC
Deputy Chairman
Artemis Investment Management Limited
a non-executive director

PAST ACHIEVEMENTS!!
Quality Care Homes
Scottish Radio Holdings
Digital Bridges
Barker & Dobson - (Drayton Consolidated Trust) - Alma Holdings
Royal Doulton


He has over 20 years' experience on public company boards, in a wide range of industries,
both in an executive and non-executive capacity, frequently with catastrophic consequences.

He has left:
a long trail of broken lives, betrayed staff, colleagues and women,
who have suffered from his emotional inadequacies and lack of maturity.

A weak and bullying individual,
who brings shame and unhappiness to his children,
and those who misguidedly cared for him, as he sets out to prove his worth to himself.

Always acting egocentrically at the expense of those he can bully, exploit and control.
An emotional Narcissist & a manipulative sociopath.
Enhanced by Zemanta