Statement of Directors’ Earnings

BWCE is committed to financial transparency and openness and offers information on Director earnings in this spirit.

In financial year ending March 2021:

  • As Managing Director, Peter Capener earnt £50,923 plus pension contributions
  • As Chair, Jane Stephenson earnt £6,365

All other elected and co-opted directors offer their time on a purely voluntary basis.

In financial year ending March 2022:

  • As Managing Director, Peter Capener will earn £57,976 plus pension contributions, following a 1.2% standard of living increase and an increase in time paid from 4 to 4.5 days per week.
  • As Chair, Jane Stephenson will earn £3,221, following a 1.2% standard of living increase. Jane resigned as chair at the end of September 2021.

All other elected and co-opted directors offer their time on a purely voluntary basis.

Shareholdings

At the end of the March 2021, Directors held the following shares on exactly the same terms as members. Shares issued before Feb 2019 have a 3.5% plus RPI target, and those issued after Feb 2019 have a fixed 4% target. All interest subject to project performance.

  • Barney Rhys Jones – £100 (shares issued after Feb 2019)
  • Chris Crookall-Fallon – £1,500 (shares issued before Feb 2019)
  • Jane Stephenson – £11,000 (shares issued before Feb 2019)
  • Jolyon Orchard – £10,000 (shares issued before Feb 2019)
  • Pam Penkman – £20,000 (shares issued before Feb 2019)
  • Peter Capener – £20,000 (shares issued before Feb 2019)
  • Peter Harvey – £13,000 (shares issued before Feb 2019)
  • Rupert Atkinson – £10,000 (shares issued after Feb 2019)
  • Sonya Bedford – £500 (shares issued after Feb 2019)