The role of the EMR Settlement Board

The EMR Settlement Board is responsible for our corporate governance and oversees our procurement and contract management processes.

The four members of the Board have a strong mix of multi-disciplinary experience, particularly in the fields of financial settlement and electricity industry governance.

Mark is the Chief Executive of Elexon. In November 2016, Mark was appointed as a member of the Elexon Board.

He brings over 20 years’ experience in the energy sector of leading businesses, engaging and influencing stakeholders and challenging colleagues to deliver BAU and strategic initiatives, drawing on his skills gained in a career as a Lawyer, Director of M&A, Investment Banker, Commercial Director and CEO.

Prior to joining Elexon in 2011, Mark was an investment banker advising many of the world’s leading utilities. This followed 10 years at E.ON in the UK where he lea as Director of Mergers & Acquisitions.

Matthew is the Managing Director of EMRS and was appointed to the EMRS Board in July 2021.

He has extensive experience in Corporate Finance and a strong track record of delivering major transformation and financing programmes. Matthew transferred to the utility sector in 2015 where he led the set-up of the EMR settlement services for Low Carbon Contracts Company Ltd.

He joined Elexon in 2018 to oversee EMR Settlement Limited (EMRS) and ensure that EMRS continues to operate at a high standard and deliver a significant amount of change as the EMR schemes and associated services mature.

David is a member of the Elexon Board, is the Chair of the Audit Committee at Elexon and is Senior Independent Director. David joined the Board in May 2013.

He is currently a Non-Executive Director at the Principality Building Society, LINK Scheme Holdings Limited and LINK Scheme Limited and Spelthorne Gymnastics.

David is a qualified accountant with wide ranging experience across Finance, IT, Customer Service and Corporate Governance.

He was previously Group Operations Director at Nationwide Building Society.

Michael was appointed as the Chair of the Elexon Board and Balancing and Settlement Code (BSC) Panel in October 2013 and reappointed for three more years in November 2016 and again in 2019.

He spent 11 years at director level with Powergen and has since held a number of other roles He was chairman of the Government’s independent Regulatory Policy Committee from 2009-2017, and in 2007 was the author of the government-sponsored review (the Gibbons Review) of Employment Dispute Resolution Regulations. Michael relinquished chairmanship of the Carbon Capture and Storage Association in 2018. He was President of the Energy Industries Club from 2017 to 2019.

He was appointed to Officer of the Order of the British Empire (OBE) for services to regulatory reform in 2008 and the Commander of the Order of the British Empire (CBE) in 2015.

He is a Fellow of the Energy Institute (FEI).