189. Jacqui Ferguson: How boards choose a chair, and how to be the one they pick

Jacqui Ferguson started her career as a technologist in Scotland and rose to become a divisional CEO at Hewlett Packard. Today, she is a SID at Croda International plc and NED at National Grid plc. Listen to this episode to hear about: How Jacqui found out she was becoming chair of Tesco Bank (01:52) How a board actually decides who becomes its next chair (08:27) Working for Meg Whitman during Hewlett-Packard’s $8bn turnaround (10:12) Leading the search for Croda’s next chair, and why there’s no such thing as a perfect candidate (14:57) The 30 days it takes to run a FTSE 100 chair search (19:21) What separates the finalists in a chair search (22:13) Why Softcat kept its chair past the nine-year limit (25:38) The succession maths that made Jacqui rule herself out at Croda (30:44) Why 12 months as chair designate creates more problems than it solves (33:38)

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