The Subsidiaries Management Group (‘Sub MG’) is a sub-group of The University Executive Board ('The Board'), created at the request of Finance and Policy Committee. It comprises members of the senior professional support and operations teams and one lay member.
Its role is to oversee the operational performance, stewardship and governance of the University’s subsidiaries, joint ventures and associates (‘the subsidiaries’).
• Improve decision making within the subsidiaries;
• Align subsidiary activities with the direction of the University;
• Ensure consistent controls and processes in subsidiaries with those of the University;
• Make recommendations regarding the strategic direction and fit of subsidiaries to University goals.
Subsidiaries Management Group meets five times a year. The minutes from its meetings are submitted to the University Executive Board and exceptional matters related to risks and opportunities are reported to Finance & Policy Committee for information, comment, guidance and approval.
For ease of reference companies will be grouped under five broad classifications:
1. Third party traders: Subsidiaries whose business is principally focused on trading externally
2. Intra-group traders: Trading subsidiaries that deliver services mainly to the University itself
3. Others
4. Joint Ventures
5. Associates
6. Spin-outs: Companies developed out of intellectual property by the University of York's academic staff and in which the University retains a share-holding
Jeremy Lindley, Finance Director (Chair)
Philip Callen, Subsidiaries Accountant, Tax and Subsidiary Companies
Harvey Dowdy, Director of Technology, Estates and Facilities
Joss Ivory, Chief Operating Officer
Andrew Jackson, Director of Research, Innovation and Knowledge Exchange
Karen Jones, Finance Business Partner, Professional Services
James Kitson, Head of Commercialisation
Karen Rowlingson, Dean of the Faculty of Social Sciences
Matthias Ruth, Pro-Vice-Chancellor (Research)
Helen Selvidge, Assistant Director of Human Resources (Specialist Services)
In Attendance
Eleanor Glanvill, PA to the Finance Director (Secretary)
Deian (Tex) Tecwyn, Lay member
Owen Trotter, Lay member
Wednesday 7 June 2023, 2pm to 4.30pm, Hybrid: H/G09, Heslington Hall
Friday 22 September 2023, 9am to 4.30pm, Hybrid: H/G09 Heslington Hall / Zoom
Thursday 30 November 2023, 1pm to 3.30pm, Hybrid: H/G09 Heslington Hall / Zoom
Subsidiaries Management Group reports to the University Executive Board
Chair
- Jeremy Lindley
Who to contact
- Eleanor Glanvill
Finance Director's Office
finance-director@york.ac.uk
+44 (0)1904 322106