2011 pensioner Trustee election results

In December 2010, the Trustee board invited eligible pensioners to nominate themselves for the two pensioner Trustee positions that would arise when the terms of office for Richard Clark and David Jones came to an end in April 2011.

We received a large amount of interest from the pensioner population for the role and a total of 12 candidates put themselves forward for the two vacancies. Before the voting started, we asked all the candidates to attend a training day to ensure they understood the significant responsibilities and time commitments of this important role.

The Electoral Reform Society managed the election process and counted 10,700 voting papers from the 27,000 pensioners eligible to vote. Richard Clark and David Bloomfield received the highest numbers of votes – 4,637 and 3,835 respectively and they will start their 4 year term of office on 1 May 2011. Richard Clark was already acting as a pensioner Trustee on the Trustee board and is therefore reappointed, David Bloomfield will replace David Jones.

We would like to thank the unsuccessful candidates for standing and in particular David Jones. David has served as a pensioner Trustee on the Trustee board for the last three years and as an Alternate Director prior to that. He has made a valuable contribution to the board during that time and the Trustee board would like to thank him for his hard work and diligence in carrying out the pensioner Trustee role.

The full results of the election are as follows:

As a reminder, the Trustee board is made up of 11 Trustees:

1 independent chair of Trustees
5 Trustees appointed by the Company
2 active member-nominated Trustees
2 pensioner member-nominated Trustees
1 deferred member-nominated Trustee – to be appointed.

We will shortly be inviting deferred members to nominate themselves or other eligible deferred members for the deferred Trustee position. The successful candidate will be selected by the Trustee board.