You are an independent consultant, counselling companies on corporate governance issues. You have been engaged by JKM Renew Pty Ltd (JKM) to advise them on their corporate governance structures.
JKM is a land remediation business. You are unfamiliar with this industry, and decide to conduct some quick online research
Turning to JKM’s own website: this is visually clean and simple. It lists an impressive array of former land and water reclamation projects, with glowing testimonials from councils, local communities, and other grateful clients. JKM staff consist of full-time employees and contractors. The current annual company turnover is almost AUD$60 million.
To your annoyance, the seemingly simple website does not readily deliver the company’s corporate governance information. It takes considerable time searching through unrelated links to find the relevant information.
The JKL Board comprises:
| Keith Milton | CEO and company Co-founder |
| Joshua Milton | Board member, and company Co-founder |
| Alana Milton-Jones | CFO and acting Chair of the Board, daughter of Joshua Milton |
| Myra Peterson | Head of HR, and Company Secretary, Sister to Keith and Joshua |
| Edward Peterson | COO, son of Myra Peterson |
Company History
JKM was started in 1990 by brothers Joshua Milton (mining engineer) and Keith Milton (soil scientist). As Keith explained in his introductory phone call:
Mining projects have a finite life. Once a mine closes, the site must be made safe for future generations, and eventually repurposed. The long-term game is not extraction [of ore] but land renovation.
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