Board of Directors

Inspired Energy PLC’s Board of Directors are responsible for overseeing the Group’s strategies for growth and monitoring the performance of these. The Board specifically focus on business development, growing shareholder value, corporate governance and strategy. It comprises of two Executive Directors, responsible for the leadership of The Board, and four Non-Executive Directors, all of whom bring a broad and varied range of commercial experience.

Corporate Governance

The Directors are committed to maintaining high standards of corporate governance. Inspired Energy’s corporate governance framework takes account of the recommendations of the UK Corporate Governance Code and follows the principles of the QCA Corporate Governance Code for small and medium sized listed companies.

The Board has established an audit committee (the “Audit Committee”), a remuneration committee (the “Remuneration Committee”) and a nomination committee (the “Nomination Committee”) with formally delegated responsibilities. The Directors intend to comply, and procure compliance with, Rule 21 of the AIM Rules for Companies relating to dealings by directors and other applicable employees in the Company’s securities and, to this end, the Company has adopted an appropriate share dealing code.

In applying the principle that the Board should maintain a sound system of internal control to safeguard shareholders’ investments and the Group’s assets, the Directors recognise that they have overall responsibility for ensuring that the Group maintains proper accounting records and a system of internal control to provide them with reasonable assurance regarding effective and efficient operations, internal financial control and compliance with laws and regulations. However, there are inherent limitations in any system of internal control and, accordingly, even the most effective system can provide only reasonable, and not absolute, assurance particularly against misstatement or loss.

As might be expected in a group of this size, a key control procedure during the period was the day-to-day supervision of the business by the Executive Directors.

Audit Committee

The Board has established an audit committee compromising of Michael Fletcher, Richard Logan and Mark Dickinson, with Richard Logan as chairman.

Remuneration Committee

In addition, the Board has established a remuneration committee that comprises of Michael Fletcher, Mark Dickinson, Richard Logan with Michael Fletcher as chairman.

Nomination Committee

The Board has established a nominations committee compromising of Mark Dickinson, Michael Fletcher and Richard Logan, with Richard Logan as chairman.

Mark Dickinson

Chief Executive Officer

Country of Residence:UK

Mark Dickinson joins the Board as Chief Executive Officer. Mark is an energy consultancy specialist with over 20 years’ experience of developing and advising companies in the sector.  Mark was CEO of M&C Energy Group where he led the buy and build strategy completing four acquisitions before selling the company to Schneider Electric in 2012.

He brings significant industry knowledge coupled with experience in executing acquisitions and has a Masters in Finance from the London Business School where he was voted Accomplished Entrepreneur of the Year in 2012.

Paul Connor

Chief Finance Officer

Country of Residence:UK

Paul was appointed to the Board as Finance Director in December 2014, having joined the Company as Head of Finance in September 2013. Since joining the Board, Paul has facilitated and delivered the acquisitions of eight businesses. Paul qualified as a chartered accountant in 2009.

Michael Fletcher

Non-Executive Chairman

Country of Residence:UK

Mike is a co-founder and managing partner of Praetura, a business specialising in venture investment and corporate advisory. Mike sits on the board of a number of Praetura’s investments including EC3 Brokers, Praetura Asset Finance, Artorius Wealth, Starcount, Sorted and Peak AI. Mike also recently joined the board as a non executive director of SysGroup plc.

Mike was previously a managing director of investment bank GCA Altium. He has 20 years’ experience in mergers and acquisitions and corporate finance, advising public companies, private equity houses and entrepreneurs. He is a Chartered Accountant, having completed his training with PwC in 1999 and is both FCA and SRA approved.

Matthew Thornton

Non-Executive Director

Country of Residence:UK

Matthew was appointed a Non-Executive Director of the board in March 2018. Matthew has more than 17 years’ experience in the energy markets, having played a pivotal role in the growth of Inspired Energy.

He established the Risk Management division of Inspired Energy in 2005 and was instrumental in winning a number of major energy user accounts which remain with the business today.

The Risk Management team now manages in excess of 30TWh of gas and power annually making it one of the largest portfolios in the UK.

Richard Logan

Non-Executive Director

Country of Residence:UK

Richard Logan is a chartered accountant with 30 years’ experience of working in industry. He is the finance director of cloud computing company iomart Group plc (AIM: IOM), a position he has held since 2006.

Prior to that, having qualified with Ernst & Young in 1984, he has held senior roles with Ben Line Group, a shipping and oil company, and Kingston SCL Limited, a provider of mobile phone billing software where he was involved in a private equity backed management buyout and subsequent trade sale.

Richard holds a BA in accountancy from Stirling University and in 2013 was Smaller Quoted FD of the Year at the FD’s Excellence Awards.

Gordon Oliver

Non-Executive Director

Country of Residence:UK

Gordon Oliver is the Group Finance Director of James Halstead plc, (AIM: JHD) a major international group of companies that manufacture commercial and contract flooring, a position he has held since 1999.

Gordon qualified with KPMG in 1982, following which he held positions at BPB Industries plc and Johnson & Firth Brown plc before joining the James Halstead Group in 1987 as Group Financial Controller.

Gordon is chair of the nominations committee and a member of the audit committee, chaired by Richard Logan.