The Board comprises three executive Directors and two non-executive Directors (including the non-executive Chairman).
Michael Jackson, Non-executive Chairman, aged 56, 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 and is chairman of the audit committee.
Blair Jenkins, Chief Executive, aged 48, BSc, MBA. Blair is one of the founders of SnackTime UK and along with Ian Forde has been responsible for building SnackTime UK through his extensive sales and marketing background. Blair has previously worked as a senior sales and marketing manager for Procter & Gamble and GlaxoSmithKline plc. Following that, he had managing director roles with Associated British Foods plc, Catalina Marketing Corporation Inc and InterAct Systems Inc.
Julia Brand, Finance Director, aged 35, BSc, CIMA. Julia joined SnackTime UK as financial controller in October 2003. She was appointed Finance Director in June 2007. Previously she was financial controller with WickHill plc and QDS Environmental Limited. Julia qualified as a management accountant in 2003.
Ian Forde, Commercial Director, aged 54. Ian co-founded SnackTime UK with Blair Jenkins in 2001, and has served as Commercial Director of the Group since that time. 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.
David Lowe, Non-executive Director, aged 52, FCA. David has been a director of many small and medium sized companies over the last 25 years. He is a non-executive director of Sky High plc and APT Controls Limited, and is a majority shareholder and the chairman of Garran Lockers Limited. He represents Elderstreet as non-executive Chairman of Halifax Industrial Limited. David was previously a majority shareholder and director of several businesses in the gravel, transport, engineering and print sectors. David qualified as an FCA in 1977. David was appointed a non-executive Director of SnackTime UK in April 2006.
Audit Committee
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 the non-executive Directors of the Company and is chaired by Michael Jackson.
Remuneration Committee
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 comprises the non-executive Directors and is chaired by David Lowe.
