The Board believes in a strong governance culture and recognises the need to adopt and comply with a recognised corporate governance code. The Board has adopted the updated Quoted Companies Alliance (QCA) corporate governance code for Midwich Group plc. The most recent statement of QCA code compliance is available here.
During 2023, the Board received presentations from operational management on topics including business unit strategy, investment and M&A pipeline opportunities, talent and succession planning, sustainability, tax strategy, IT Systems and security. As well as ERP implementation and acquisition appraisals.
Alongside monitoring operational performance, it is the Board’s responsibility to formulate, review and approve the Group’s strategy, investments (including acquisitions), budgets and major items of expenditure.
