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Board Director
1 month ago
About Chelmsford Star:
Established in 1867, Chelmsford Star is a local and independent co-operative, operating solely within Essex. We’re not the guys you see advertising on TV. A co-op means we are run by our members for the benefit of our members. Any of them can, if they choose, have greater involvement in how our Society is run.
We generate over £100m in gross takings, predominately from our food convenience stores, but also our department stores, funeral directors, travel agencies and from a small investment property portfolio.
The Society trades from 48 businesses across Essex, from Braintree in the north to Tilbury in the south, Shoeburyness in the east to Woodford Green in the west.
Role Overview:
We are seeking passionate and committed individuals to join our Board of Directors. This is a remunerated position that plays a crucial role in the strategic direction and governance of the Society.
No previous experience as a board director is required - what matters most is your dedication to our cooperative values and principles
Essential Requirements:
Our Board of Directors are elected by our Members for terms of up to three years at the Society's Annual General Meeting.
In order to be eligible to stand for election, prospective applicants must (Rule 90):
- Have been a Member of Chelmsford Star for a period of 1 year of more, and have either:
- Spent £500 in Society Outlets in the past year: or
- Hold £250 in Society Share Capital
Key Responsibilities:
- A commitment to the Society, the co-operative movement and its values and principles.
- A sound understanding of the Society’s operating environment.
- An ability to interpret and challenge financial statements and information.
- Knowledge and understanding of the Co-operative Governance Code.
- A willingness to devote the necessary time and effort to fulfilling their duty and attending training.
- Sound, independent judgement and an ability to constructively challenge management.
Essential Qualities:
- Commitment to the cooperative movement and its values.
- A willingness to learn and engage in Board activities without needing prior experience.
- Strong ethical standards and a dedication to serving the best interests of our members and the community.
- Ability to work collaboratively with diverse stakeholders and contribute to a positive Board culture.
Remuneration:
Directors receive the following remuneration for their commitment:
- Annual Fee: £3,282.00
- Per Committee Served: £856.00
Further Information
You can find out more about our Society, the democratic structure and our nominations process here:
