Our Leadership Team

The Group is committed to maintaining high standards of corporate governance, and uses the Wates Principles as a guide to best practice for large private companies.

We aim to comply with the Principles wherever it is sensible and proportionate for us to do so, having regard to our ownership structure and the fact that Manchester City Council and IFM Global Infrastructure Fund, as shareholders, make appointments to the Board.

MAG's non-executive directors bring extensive knowledge, skills and experience, from both the private and public sectors, to bear on the affairs of the Group. The non-executive directors who are not appointed by the shareholders exercise independent, objective judgement at meetings of the Board and Board committees. Together with the shareholder-appointed non-executive directors, they help develop and constructively challenge proposals on strategy, and scrutinise the performance of management in meeting agreed goals and objectives.

The Board meets formally at least six times per year, and also on additional occasions to consider specific business matters. Arrangements are in place for the Chairman to meet with the non-executive directors without the executive directors present, with such meetings being held as and when required.

Charlie Cornish
Chairman
Ken O’Toole FCA
Group Chief Executive, MAG
Jenny Cochrane
General Counsel, MAG
Jan Bramall ACA
Chief Financial Officer, MAG
Cllr Bev Craig
Non-Executive Director
Deepa Bharadwaj
Non-Executive Director
Jon Wragg
Non-Executive Director
Max Fieguth
Non-Executive Director
Catherine Schefer
Non-Executive Director
Cllr John Blundell
Non-Executive Director
Paul Venables
Non-Executive Director
Amanda Brown
Non-Executive Director
Ken O’Toole FCA
Group Chief Executive, MAG
Jan Bramall ACA
Chief Financial Officer, MAG
Jenny Cochrane
General Counsel, MAG
Emma Crossland
Chief People Officer, MAG
Nicholas Woods
Chief Information Officer, MAG
Andrew Macmillan
Chief Strategy Officer, MAG
Martin Jones
Chief Executive, CAVU
Steve Griffiths
Managing Director, East Midlands Airport
Gareth Powell
Managing Director, London Stansted Airport
Chris Woodroofe
Managing Director, Manchester Airport

Corporate Structure

MAG is a holding company which is owned by the ten metropolitan borough councils of Greater Manchester, in North West England, and Australian investors IFM Global Infrastructure Fund.

MAG is privately managed on behalf of its shareholders. The breakdown is as follows:

  • 35.5% - IFM Global Infrastructure Fund

  • 35.5% - Manchester City Council

  • 29% - The other nine Greater Manchester Councils, which are:

  • The Borough Council of Bolton

  • The Borough Council of Bury

  • The Oldham Borough Council

  • The Rochdale Borough Council

  • The Council of the City of Salford

  • The Metropolitan Borough Council of Stockport

  • The Tameside Metropolitan Borough Council

  • The Trafford Borough Council

  • The Wigan Borough Council