Academy trusts do not have shareholders; they have members. The role and rights of members is analogous to that of shareholders. Members of an academy trust do not have rights of ownership in the company like shareholders because the profits of the company cannot be distributed to them. However, the members can control changes in the constitution (subject to DfE approval) and other fundamental decisions relating to the academy trust.
The role of member is a sometimes defined as “eyes on and hands off”. This describes their responsibility for overseeing the governance of the Trust rather than operating the schools or the central functions.
Our members are as follows:
|Suzanne McDonald||Representing the Diocese of Bath & Wells as a corporate member|
|Bob Sommers||Diocesan Foundation nominee|
|David Tossell||Chair of Trustees|