Fundamentals Ltd is a leader in power systems technology, and specialises in delivering cutting-edge solutions aimed at enhancing the reliability and efficiency of grid operations. With offices in the UK and Australia, the company has evolved from its roots as a pioneer in Automatic Voltage Regulation (AVR) products to become a leading comprehensive provider of grid optimisation solutions. Leveraging its extensive expertise in tapchangers and fault monitoring, it continuously innovates to address the evolving modern needs of grid management.

At the core of company operations lies a steadfast commitment to its founding principle: applying fundamental engineering principles to solve complex challenges. This ethos fuelled the business' inaugural innovation in the 1980s - the Transformer Automatic Paralleling Package (TAPP) - which revolutionised the operation of power transformers. This groundbreaking invention laid the foundation for the company's establishment in 1985 and the subsequent success of the SuperTAPP family of Automatic Voltage Controllers (AVCs).

Collaborating with a growing network of power technology experts and delivery partners spanning Europe, Asia Pacific, and the Gulf, Fundamentals contributes to the development of innovative grid solutions aligned with the goals of a net-zero future. With an established presence in the UK market, the company is now looking to grow substantially on a global scale and launch a new product in the next three years.

The Board is currently looking to appoint a new Non-Executive Director, who will inform commercial strategy and contribute towards a more sustainable and efficient future for power systems worldwide.

You can read more about Fundamentals Ltd here. 

Fundamentals Ltd seeks to strengthen its business with the appointment of a new Non-Executive Director, who will play a key role in the development of international business strategy, informing the commercial capability of the business and importantly providing support and insights to the executive team. It is expected that the successful candidate will quickly become familiar with Fundamentals Ltd's background and have a strong understanding of its business model.

The successful candidate will be closely involved in the oversight of the company's strategy and, as such, will offer strategic and commercial advice to the Board and management team, acting as a critical friend in challenging and supporting the executives, while being available on a flexible basis to provide independent insight. In addition to core board responsibilities, the incoming Non-Executive Director will act as an experienced sounding board as Fundamentals creates and launches its internationalisation efforts in new markets.

In addition to providing specific guidance around continued commercial growth in the target markets, the new Non-Executive Director will ensure that the corporate governance of the business is upheld.

The ideal Non-Executive Director for Fundamentals is a proactive individual who is excited to contribute to a company's growth. The successful candidate will be energised by the opportunity to help shape the direction of the company and set it up for future success. They will possess an entrepreneurial mindset and will advise the Board on the formalisation and development of its sales strategy as the organisation continues along its exciting growth trajectory, having operated at senior levels in a go to market function, in a similar size business (from c. £10m to £40m+).

Experience across the following areas is required for this role:

• Relevant sector expertise: ideally candidates have been senior sales leaders, with an understanding of the energy sector. However, those with the ability to understand Fundamentals' selling motion and customer base in a highly regulated market, will also be of interest to the Board. Examples include other utilities, such as gas and water etc.
• International sales experience: it is essential that candidates have overseen expansion into new markets. They will subsequently understand the steps necessary to grow the business moving forward, and have ideally led successful, similar journeys ultimately being able to relate this past experience to guiding the management team.
• Corporate finance: individuals who bring knowledge and experience of corporate finance, including acquisitions and divestments would be highly competitive.

Individuals will bring previous experience as a previous CEO, Managing Director, Chief Growth Officer, Chief Commercial Officer or held similar responsibilities. They will offer expertise when working with a number of stakeholders, including the executive team. They will act as a critical sounding board, and be equipped to ask probing, challenging and effective questions.

Martin Ansell
Vincent Thornley
Jonathan Hiscock
Martin Harris
John Humble
David Bage

The role is remunerated and pre-agreed reasonable travel expenses will be reimbursed. The appointment is for a three-year term, which can be renewed at the discretion of the Board.

Board meetings are held in person in Swindon, Wiltshire. With this in mind, the candidate will be UK-based.

Time commitment

Time commitment is estimated at two days per month on average, including monthly Board meetings, additional time spent in the company's headquarters in Swindon with management, meeting preparation time and other ad hoc communication.