Enter the Boardroom

152. Rupert Soames OBE: How to be a good listed company chair

Nurole Season 1 Episode 152

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0:00 | 40:59

Rupert Soames OBE is Chair of the CBI and Smith & Nephew plc and  former CEO of Serco Group plc and Aggreko plc. Tune in to hear his thoughts on: Key moments from Rupert’s time as CEO that shape how he Chairs (1:33) Lessons from Aggreko’s acquisition of GE’s energy rental business (3:42) Was there anything a board could have done to mitigate Rupert’s disagreement with the Misys CEO when he was a divisional manager? (5:33) When chairs added most value to Rupert as CEO (9:35) How Philip Rogerson, Aggreko Chair, said “no” without demotivating Rupert (11:37) How Rupert tries to help CEOs iterate and communicate strategy as a board member (17:09) The macro-trends Rupert’s focused on as a Chair (21:22) How Rupert thinks about CEO compensation in a global market (26:17)⚡The Lightning Round⚡ (30:07) Audience Q&A (36:54) The value of execs taking non-exec positions alongside their main role (37:07) Rupert’s thoughts on the value of board evaluations (38:18) Where boards need to professionalise further (40:02)

Host: Oliver Cummings

Producer: Will Felton

Editor: Penelope Coumau

Music: Kate Mac

Audio: Nick Kold

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom