PRS and PRSfM are seeking one independent non-executive director to sit on the Council as an independent non-executive Council Member and on the Board as an independent non-executive director. The independent non-executive Council Members/ directors provide the Council and the Board with an independent perspective on the matters being discussed and the benefit of their business expertise and knowledge.
The appointee will be expected to:
- Demonstrate an ability to work collectively and build collegial relationships.
- Have expertise in dispute resolution / consensus building / mediation.
- Look for solutions in the best interest of our members.
- Bring cognitive diversity.
- Embrace the values of the organisation and engage in constructive debate and dialogue.
- Be willing to acquire new knowledge and skills relevant to the role.
- Give the time and commitment necessary to effectively discharge the responsibilities of the role, including preparation for meetings.
- Be commercially astute with recent and relevant legal experience (desirable).
- Have some experience in the music industry / copyright / regulatory environment (desirable).
- Have some previous experience as a non-executive director (desirable).
The appointee will also be required to act in accordance with the seven statutory duties of company directors set out in the Companies Act 2006:
- Duty to act within powers (in accordance with a company’s constitution).
- Duty to promote the success of the company (taking all members and other stakeholders into account).
- Duty to exercise independent judgement.
- Duty to exercise reasonable care, skill and diligence.
- Duty to avoid conflicts of interest.
- Duty not to accept benefits from third parties.
- Duty to declare an interest in a proposed transaction or arrangement.
The appointee will be expected to attend all Council and Board meetings and meetings of the Conflicts, Licensing and Distribution Committees. They may also be asked to join one or more of the Audit, Nomination and/or Remuneration Committees. It is expected that the appointee will to be asked to chair the Distribution Committee.
From time-to-time, directors are also invited to attend additional briefing meetings and to join Council, Board and committee sub-groups formed to consider particular pressing issues in more detail. Council, Board and committee papers are circulated in advance of each meeting (via a digital platform) to enable directors to prepare for the related discussions.
The initial term of appointment will be for three years, potentially renewable for further terms if the Council and the members agree.
The current remuneration is circa £42,000 per annum plus reasonable expenses.
The annual time commitment is estimated to be 20 days.