| directors
The Board of Holidaybreak plc consists of six executive directors and three non-executive directors. In addition to the Chief Executive and Finance Director, the managing directors of the three operating divisions (in the case of Hotel Breaks joint managing directors) are members of the Board.
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DIRECTORS
The directors of the Company who served during the year were as follows:
| NON-EXECUTIVE DIRECTORS |
|
EXECUTIVE DIRECTORS |
| H.A. Crichton-Miller (Chairman) |
|
R.W. Atkinson |
| P.J. Folkman (resigned 5 April 2002) |
|
R.G. Baddeley |
| C.H. McLintock (senior director) |
|
J.R. Crew |
| J.A.S. Wallace (appointed 1 May 2002) |
|
N.P. Cust |
| |
|
S.J. Tobin |
| |
|
M.C. Wray |
Left to right: Simon Tobin, Nick
Cust, James Wallace,
Clive McClintock, Jim Crew, Julie Vickers (Company Secretary),
Angus Crichton-Miller, Richard Atkinson, Bob Baddeley, Mark Wray.
Angus Crichton-Miller will be retiring from his position as Chairman and from
the Board at the end of May 2003. His successor will be Robert Ayling, former
Chief Executive of British Airways. He will join the Board as a non-executive
director and Chairman Designate on 1 February 2003.
In accordance with the Articles of Association, Robert Ayling will retire at the
2003 Annual General Meeting and will stand for re-election. His biographical
details, together with details of directors’ service agreements, are included in
the Circular to Shareholders which accompanies this Annual Report and
Financial Statements. In addition, James Wallace, who was appointed a
director on 1 May 2002, also retires in accordance with the Articles of
Association and stands for re-election. James Wallace is senior non-executive
director and Chairman of the Audit Committee.
Nick Cust, Mark Wray and Clive McLintock retire by rotation at the 2003 Annual
General Meeting and are standing for re-election. Nick Cust and Mark Wray are
Joint Managing Directors of the Hotel Breaks Division and Clive McLintock is a
non-executive director and Chairman of the Remuneration Committee.
Directors’ Biographies
Brief biographies of the Company’s
directors are given below. Fuller information on the directors and
biographies of divisional board directors can be found on our website
at www.holidaybreak.co.uk.
NON-EXECUTIVE DIRECTORS
Angus Crichton-Miller (63) Chairman
Joined Rank Group plc in 1969
and was appointed to the Main Board in 1982. Managing Director of
Rank Holidays and Hotels Division from 1990 until 1996. From 1997
to 2001 he was Chairman of the Racecourse Association and a director
of the British Horseracing Board and the Horseracing Betting Levy
Board. Holds two other non-executive directorships including TDG
plc. Appointed non-executive director of Holidaybreak plc in December
1996 and became Chairman in June of the following year.
Clive McLintock (64) Senior
Non-executive Director and Chairman of the Remuneration Committee
Became a founder director of Barclays Development Capital Ltd in
1979 after a career in scientific instrument marketing management
and in the City with a quoted investment trust. Has subsequently
held a variety of board positions, including a non-executive directorship
with Unijet Group plc from 1991 to 1996. Currently Chairman of Forum
21 Ltd, a business development support company that he founded in
1995. Appointed a nonexecutive director of Holidaybreak plc in August
1999.
James Wallace (59) Non-executive
Director and Chairman of the Audit Committee
A Chartered Accountant who joined
Pifco Holdings plc in 1971, becoming Finance Director in 1976 and
subsequently Deputy Chairman. Left Pifco in 2001 following an agreed
take-over. Was appointed Non-executive Chairman of Bodycote International
plc in 2001 having served on the board as a non-executive director
since 1994. He is also Chairman of the Lowry Theatres and Galleries
in Manchester. Appointed as a non-executive director of Holidaybreak
plc in May 2002.
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