Two Capita staffers to double up as non-exec directors, get keys to corporate biscuit barrel

www.theregister.co.uk | 5/14/2019 | Staff
Click For Photo: https://regmedia.co.uk/2019/05/14/shutterstock_biscuits_expensives.jpg

Less than 0.6 per cent of Capita's workforce applied for the two non-exec director roles that afford the lucky winners – if that's the right term – a seat on the board and possibly an executive biscuit budget.

The two "director employee appointments" include Lyndsey Browne, a finance manager in the Insurance Services division who has been stuck at Capita since 2003, and Joseph Murphy, a project manager in Real Estate and Infrastructure who offers "technical due diligence" and advice on projects.

Pair - Capita - Nobs - Board - Bods

Now the pair will be expected to turn up alongside Capita's other big nobs – the actual permanent board bods – and provide the different perspectives that CEO Jonathan Lewis said he so desperately craves.

The idea is that Capita's captains can lean on normies Murphy & Browne when they want to, say, start charging more for canteen cutlery, or make 1,000+ people redundant. The pair could act as test bed and are likely cheaper than the consultants at McKinsey.

Capita - Roles - Employee - Perspective - Expertise

Or as Capita put it: "In their new non-executive roles, they will provide an employee's perspective and expertise, and input into strategy decision-making with the same level of authority as other directors."

This move is all part of Lewis's efforts to turn around Capita after several years of falling sales and profit warnings.

Browne - Murphy

Both Browne and Murphy still...
(Excerpt) Read more at: www.theregister.co.uk
Wake Up To Breaking News!
True or False Prophet, check for God keeping seal of approval.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!