The Glass and Glazing Federation (GGF) has announced a number of changes following recent discussion on its governance and structure, which it says are designed to allow its subsidiary companies to grow and to bring ‘positive benefits’ to trade federation activities.
The changes include the following:
1. The GGF trade federation will operate as a single entity and will be led by Nigel Rees as the chief executive, with a board of directors constituted from the GGF membership.
2. The subsidiaries will be encompassed within a new group company led by a group chief executive and group board made up from within the GGF, supported by non-executive directors.
3. The new group company will be a fully owned subsidiary of the trade federation with its new group chief executive directly accountable to the GGF board.
4. The subsidiaries will continue to operate their own boards; the participants of these boards may change from those currently in place.
5. After a legal review of the proposed structure, the board has decided to appoint Jon Vanstone as group chief executive of the new group company with immediate effect.
