MINUTES
IXION HOLDINGS (CONTRACTS) LIMITED
BOARD MEETING
Tuesday 1st July 2014
Anglia Ruskin University, Tindal Building, Tindal Board Room
THOSE PRESENT:
Adam Sharples
John Govett
Jon Trigg
Rachael White
(AS)
(JG)
(JT)
(RW)
Peter Baynham
(PB)
Chairman
Ixion Group Chief Executive, Board Member
Board Member
Group Finance and Corporate Services
Director, Board Member
Board Member
In attendance:
Linda Sian
Steve Bannister
Gary Kernaghan
Sue Hook
John Danvers
(LS)
(SB)
(GK)
(SH)
(JD)
Director of Enterprise
Director of Commercial Partnerships
Director Strategic Business Development
Director of Skills
Director of Innovations
Apologies:
Mike Thorne
Pablo Lloyd
Lesley Dobree
(MT)
(PL)
(LD)
Board Member
Board Member
Board Member
Minute Taker:
AGEND
A
ITEM NO
1.
Apologies for Absence
Rachael White
TOPIC
Apologies were received from Mike Thorne, Pablo Lloyd and Lesley
Dobree.
AS welcomed PB to the meeting and the Board confirmed his
appointment as a Non Executive Director.
2.
Declarations of Interest
There were no declarations of interest.
Ixion Holdings (Contracts) Limited Board Minutes 1st July 2014
AGEND
A
ITEM NO
3.
TOPIC
Minutes of last Meeting 3 June 2014
The Minutes of the Ixion Board Meeting of 3 June 2014 were approved
and signed by AS.
The governance arrangements/dates table was reviewed. It was agreed
to move the strategy days also to a Monday from September 2014 and
RW agreed to update the dates.
Action: RW to circulate new dates for Ixion Board meetings
incorporating the Monday dates for strategy sessions in 14/15.
4.
Matters Arising
All matters arising were cleared.
5.
Directors Reports (By Exception)
Skills Division:
SH presented the highlights of the Skills report. SH said how well the
Ixion Skills Centre has now turned itself around.
Employability Division:
.
GK presented the highlights of the Employability report.
Business Development:
GK presented the highlights of the Business Development report.
Commercial Partnerships:
SB presented the Commercial Partnerships report.
Enterprise Division:
JT presented the highlights of the Enterprise report. LS said the Board on
the NEA Awards to be held at Westminster the following day.
Europe Division:
Ixion Holdings (Contracts) Limited Board Minutes 1st July 2014
AGEND
A
ITEM NO
TOPIC
JD presented the highlights of the European report.
Corporate Services:
RW presented the Corporate Services report.
The Board agreed not to utilise the remaining 6 days on any other audit
areas in 13/14.
The Board of Ixion Holdings (Contracts) approved the CWP proposal put
forward by RW..
The Board accepted all director reports.
.
Financial Update 13/14
6.
RW presented the financial update to May 2014.
The Board accepted the financial update report.
7.
CEO Report
JG ran through the highlights of his report.
The Board accepted the CEO update report.
8.
Corporate Risk Registers and RAG rated Corporate Goals
The Board reviewed and discussed the risk registers in detail and
progress against corporate goals.
The Board agreed the mitigation in place for over stretching the
organisation in terms of capacity is sufficient to ensure mobilisation of
contracts can be covered.
The Board accepted the risk update.
9.
Strategic Board time
AS said that during the Board workshop the Ixion corporate Plan /
Ixion Holdings (Contracts) Limited Board Minutes 1st July 2014
AGEND
A
ITEM NO
TOPIC
performance goals and framework had been reviewed and that the Board
looked forward to receiving an updated version of high level goal
measurements at the 29th July Board meeting.
Workshop Notes and Actions from 12-2 pm Ixion Board:
 The performance framework goals and measurements are to be
reviewed at a company high level.
 RW captured all comments and agreed high level measurements
and agreed to update the performance framework with a group
High Level Measurement column.
 The Board agreed that an innovations presentation would be made
to the Board in 14/15 as one of the measurements of the corporate
goals.
Action: RW to update Ixion Group high level measurements of
corporate goals.
10.
Any Other Business
The NED mentor allocation for Ixion is to be reviewed.
Action: AS to review the allocation of NEDS as mentors to Ixion
Management Board members.
Action: JG to confirm if the strategy day 15th July 2014 is to go
ahead and if so what the topics for discussion are.
There was no other business.
Date and Time of Next Meeting
11.
The next Board meeting will take place on 29th July between 2 pm – 5
pm.
There being no further business, the meeting closed at 1700 pm
Signed and agreed by
Date
……………………………………………
Adam Sharples (Chair)
……………………………………………
Ixion Holdings (Contracts) Limited Board Minutes 1st July 2014