Decision

Fairhead, Rona - Minister of State for Trade and Export Promotion at the Department for International Trade - ACOBA advice

Advice to Baroness Rona Fairhead CBE, former Minister of State for Trade and Export Promotion at the Department for International Trade, on business appointments after leaving Crown service.

Documents

Advice letter: Baroness Rona Fairhead, Non-executive Chairman, Electrocomponents plc.

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Advice Letter: Baroness Rona Fairhead, NED, survivorNET

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Advice letter: Baroness Rona Fairhead, Member of Advisors Group, Edge Investments.

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Advice letter: Baroness Rona Fairhead, Senior Executives, Chairman Mentors International

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Advice letter: Baroness Rona Fairhead, Member of the External Advisory Group, McKinsey & Co.

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Advice letter: Baroness Fairhead, Board Member, Oracle

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Details

Baroness Fairhead left her role as Minister of State for Trade and Export Promotion at the Department for International Trade in My 2019.

Non-executive Chairman, Electrocomponents plc

Baroness Fairhead sought the Committee’s advice about taking up an appointment with Electrocomponents plc.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in October 2020; and the appointment was taken up later that month.

Non-executive Director, survivorNET

Baroness Fairhead sought the Committee’s advice about taking up an appointment with survivorNET.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in May 2020; and the appointment was taken up in July.

Member of Advisors Group, Edge Investments

Baroness Fairhead sought the Committee’s advice about taking up an appointment with Edge Investments.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in July 2020; and the appointment was taken up the following month.

Baroness Fairhead informed the Committee of a change to her role in November 2020. She said her work at Edge Investments, where she is a Member of the Advisors Group, would remain same as per her current role, but it was to be remunerated via a share of profits, where it was previously unpaid. The Committee considered that any additional risk is sufficiently mitigated by the conditions already imposed on the appointment.

Senior Executives, Chairman Mentors International

Baroness Fairhead sought the Committee’s advice about taking up an appointment with Chairman Mentors International.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in February 2020; and the appointment was taken up the following month.

Member of the External Advisory Group, McKinsey & Co

Baroness Fairhead sought the Committee’s advice about taking up an appointment with McKinsey & Co.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in February 2020; and the appointment was taken up the following month.

Board Member, Oracle Inc

Baroness Fairhead sought the Committee’s advice about taking up an appointment with Oracle.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in June 2019; and the appointment was announced the following month.

Published 26 July 2019
Last updated 14 December 2020 + show all updates
  1. Change in role with Edge Investments and appointment with Electrocomponents added

  2. Appointments added

  3. First published.