Chair – Humble Bee – Somewhere in NZ

Job Description
View at Medium.com
Position: Humble Bee Chair of the Board
Length of term: 24 months with the option to renew
Applications open: 4th June
Applications close: 14th July
Interviews: TBC
Directors’ Fees: $2000 per meeting paid in shares/options annually. We want talented people who can commit to giving the company the headspace and time it needs.
The sorts of skills you will need
Here’s a list of skills, experiences, and general things that will indicate value-alignment.

Someone who’ll ask good questions
You don’t need to know the answers, but you do need to help us ask the right questions and work with speed toward constructive solutions. It’s not only about ensuring the right questions are asked, but it’s also about performing magic communication that brings to light the best path forward. You’ll do this by channelling the experience of the board, reviewing our work and drawing diverging points of view together through skilful summation.
Someone who is ok with a bit of risk (but can manage it too)
We want to push boundaries, move quickly, and make a difference. You need to be comfortable with a constantly evolving playing field with lots of moving parts. We’re trying to change the world, you’re going to be a bit uncomfortable, right?

Someone constructive and courageous
We want to make sure we have a diversity of opinions in our decision making — that’s why we have a board. We won’t always agree, but we do need to come to solutions which work. You’ll need to be able to set standards of communication and conduct so each director has the best brought out in them. You’ll lead a robust discussion about key decisions, hold the board to account, and bring the board to consensus. This needs to be done in a constructive and courageous way.

Someone comfortable with deep-tech and software
You don’t have to have a PhD in organic chemistry, but we are looking for our Chair to bring experience in the commercialisation of biotech (or a related field). We need someone who responds to emails promptly, and who knows how to use communication platforms like Google Docs, Slack, Trello, and BoardPro.
Someone who is comfortable with the financial and legal side of things
You’ll be an experienced director, you will have an understanding of governance — shareholders agreements and constitutions, and regulatory compliance. You don’t need to be an accountant or a lawyer but, you need to be able to read a budget, balance sheet, set of accounts and be comfortable with the requirements of being a director.
We are looking for someone who has proven skills and experience in capital raising alongside the founder, ideally, you would have experience doing this in both local and international markets.

Someone proactive and results focused
While this is a non-executive position, there is an element of mucking in with an early stage company like ours. We need someone who is able to not only inspire and motivate but harness the specific skills of each director and maintain their decision making performance.

How our Board rolls
The Board has the primary responsibility to oversee the conduct of Humble Bee and to supervise management (who are responsible for the day-to-day activities).
Number of board members
We currently have four board members and aim for between 3–5 board members at any time, with a mix of skills, backgrounds, and expertise. A quorum is currently 4 board members.
We are aiming for 40% female representation, with wider general diversity (age, location, ethnicity, physical ability, sexual orientation).
We’d like to add some diversity to the board. That could come in a few forms: gender, age, experience, physical ability, orientation, the list goes on.

Term
The Chairperson will be appointed by a majority vote of the Board. *Board membership is set to a 24- month term with the ability to renew.
Directors’ Fees
Set at $2000 per month paid annually in arrears and paid in shares or options.
Frequency
Monthly board meetings on Zoom and BoardPro and weekly touch-bases on Zoom. The time commitment for this role is roughly 12–16 hrs per month. Board members are required to respond to discussions, messages, and emails within two working days. The Chair is the principal point of contact between the board and the Founder and will speak more frequently as required.

Chair Responsibilities
Lead the board by creating an appropriate environment for robust discussion and effective decision making
Reporting to shareholders at the AGM
Inducting new Directors as to the culture of the board, expectations around how decisions are made
Developing a code of conduct for board meetings, and setting their structure and pace
Ensure the minutes accurately represent the decisions of the board meetings
Ensure the board is kept properly informed about the organisation’s financial affairs, including its cash flows
Respond promptly and comprehensively to concerns raised by other directors
Lead corporate governance issues, including being aware of directors’ and executives’ conflicts of interest and managing any such conflicts
Ensure the board addresses all the major strategic issues that can affect the organisation’s prosperity, reputation and sustainability; and engage the board in assessing and improving its effectiveness
Create a constructive relationship with management, acting as a conduit between management and the board
Act as a mentor and sounding board for the CEO, setting KPIs and monitoring performance and being fearless in bringing them to account, if necessary
Working with the CEO on the agenda of board meetings, differentiating between items for decision, noting and discussing
Assisting the CEO in key messaging for shareholder communication
Help the CEO develop a capital strategy and actively work with them to execute it
Commit sufficient time to the job and not become overburdened with other director roles or other commitments in general

How to Apply
Then please send in a CV and cover letter to anti@humblebee.co.nz

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