Directors and Board Committees
The Board comprises two executive Directors and three non-executive Directors (including the non-executive Chairman).
Jeremy Hamer, Chairman FCA is a Chartered Accountant who spent his early career in Holland with Coopers and Lybrand. On leaving the accounting profession in 1980 he had two financial roles in industry before joining John F Renshaw & Co Ltd a leading bakery ingredient manufacturer where he was Managing Director for 8 years. In 1996 he became very involved with a number of growth companies using AIM for investment capital including 3 food companies Inter Link Foods Plc, Glisten Plc and Napier Brown Ltd (now part of Real Good Food Plc, as is John F Renshaw Ltd).
Tim James, Chief Financial Officer, FCCA, joined the Board of Directors in Sept 2010. Tim has also been Finance Director of Snack in the Box Ltd, which was acquired by SnackTime in September 2009. Prior to joining SnackTime, Tim was Principal of Syntegris Partners, a consultancy specialising in the development and funding of early stage businesses.
Michael Jackson, Non-Executive Director, MA, FCA. Michael founded Elderstreet Investments Limited in 1990 and is its executive Chairman. For the past 20 years, he has specialised in raising finance and investing in the smaller companies sector. Michael is Chairman of PartyGaming plc and until August 2006 was Chairman of FTSE 100 company, Sage Group plc. He is also a director and investor in many other quoted and unquoted companies, including Netstore plc and Sky High plc. Michael studied law at Cambridge University, and qualified as a chartered accountant with Coopers and Lybrand before spending five years in marketing for various US multinational technology companies. Michael was appointed non-executive Chairman of SnackTime UK in April 2006.
Michiel Slinkert, Non-Executive Director. Michiel joined the Board in Sept 2010 following the acquisition of Vendia UK Ltd. Michiel has been a Non-Executive Director of Vendia since 1997.
Ian Forde, Non-Executive Director. Ian co-founded SnackTime UK with Blair Jenkins in 2001, and served as Commercial Director of the Group until Sept 2010. Ian was a Senior Sales and Marketing Manager of Procter & Gamble. Subsequently, Ian was European Sales Director for Barilla, then Gucci, before becoming worldwide commercial director of InterAct Systems Inc. Ian is responsible for assisting SnackTime in the Company's brand relationships.
The Audit Committee is responsible for ensuring that the financial performance of the Company is properly reported on and monitored and for meeting the auditors and reviewing the reports from the auditors relating to accounts and internal control systems. It meets once a year with the auditors without executive board members present. The Audit Committee comprises of Michael Jackson as Chairman and Ian Forde.
The Remuneration Committee reviews the performance of the executive Directors and sets and reviews the scale and structure of their remuneration and the terms of their service agreements with due regard to the interests of Shareholders. In determining the remuneration of executive Directors, the Remuneration Committee seeks to attract and retain executives of the highest calibre. The Remuneration Committee also makes recommendations to the Board concerning the allocation of share options to employees. No Director is permitted to participate in discussions or decisions concerning his own remuneration. The Remuneration Committee is chaired by Ian Forde and comprises of two members, Michiel Slinkert and Michael Jackson.