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Smaller firms failing on boardroom diversity

Diversity report: 96% of AIM and FTSE Small Cap 100 leaders are white

Diversity report: 96% of AIM and FTSE Small Cap 100 leaders are white
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Report shows glaring lack of diversity in UK boardrooms

Report shows glaring lack of diversity in UK boardrooms UK firms may end up paying a financial price for a lack of boardroom diversity after a report revealed the overwhelming presence of white males in leadership roles at small cap UK firms. The warning came from Alexandra Altinger, chief executive of JO Hambro Capital who noted that investors are increasingly shifting their focus to ESG. According to professional services group Company Matters, 96% of the directors of firms listed on the Alternative Investment Market (AIM) and 95% of the FTSE Small Cap 100 are white. Of the 324 positions on AIM UK 50 boards, just three directors were black and none were executives.

Jumbo Interactive replaces retiring company secretary

Jumbo Interactive replaces retiring company secretary 4th February 2021 | By Conor Mulheir Australian lottery retailer Jumbo Interactive has announced that non-executive director and former company secretary, Bill Lyne, will retire effective as of 31 March, 2021. Lyne stepped down from the role of company secretary from 1 January this year, and was replaced in the role by Graeme Blackett. Lyne, who is also the principal of Australian Company Secretary Service, has served as company secretary of Jumbo since October 2007. Jumbo’s chair, Susan Forrester, said: “On behalf of the Board, I would like to thank Bill for his commitment and contribution to the business over the last 11 years, particularly as a member and Chair of the Audit and Risk Management Committee and as a member of the Nomination and Remuneration Committee.”

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