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Service S.1 — Chairmanship

Chairmanship that makes the board worth having.

An independent chair owns how the board works — the agenda, the cadence, the quality of debate and the follow-through — so the executive team can own the business. MAXFR provides certified, working chairmanship sized for SMEs: serious governance without PLC theatre.

The boardroom table
Service S.1
Is this you?

The signs a business is ready for a chair.

  • Board meetings happen, but they review the past instead of deciding the future.
  • The founder or CEO chairs their own board — marking their own homework.
  • Investors, family members or co-founders need a neutral referee they all trust.
  • Actions are agreed and quietly evaporate; nobody owns the follow-through.
  • A capital event, succession or major hire is coming, and the board must be credible for it.
The engagement

The chair's job is deceptively simple to state: make the board effective. In practice that means designing a rolling, forward-looking agenda; insisting on short papers that frame decisions rather than dump data; giving every voice — executive, investor, family — a fair hearing; and converting debate into minuted, owned actions that actually happen.

This is practised, not theoretical, chairing. Max currently serves as Non-Executive Chair of MW Equipment, a UK machinery manufacturer for the construction and site-work industries, and as Advisory Chair of Unsigned Research, a systematic digital-asset trading firm — two boards with very different rhythms, held to the same standard. As a portfolio chair he takes a small number of seats at any one time, which keeps each one properly served.

Independence is the point. The chair holds the role on behalf of the company — not the founder, not the fund — which is precisely what makes the challenge useful and the praise credible. The style is working, not ceremonial: a standing line to the CEO between meetings, real preparation, and difficult conversations had early and privately rather than late and publicly.

What it includes

What chairing actually covers.

Board design & calendar

An annual board calendar with a rolling agenda: strategy, performance, people, risk and capital each get scheduled airtime instead of fighting for scraps at the end of meetings.

Meeting leadership

Every meeting chaired to a standard — papers circulated in advance, discussion kept at the right altitude, decisions recorded with owners and dates.

CEO partnership

A standing, confidential line between chair and chief executive. The best chairs are the CEO's hardest questioner and strongest ally — in that order. Having been a CEO himself, Max knows which questions actually help.

Stakeholder balance

Founders, families and investors pulling in different directions get one neutral, structured forum. The chair's independence is what keeps it fair.

Board development

As the business grows, the board must too. The chair leads evaluation, identifies the missing voices and — where useful — fills seats from the MAXFR network of specialist NEDs.

Crisis & event leadership

When a raise, exit, dispute or downturn arrives, the chair steps forward: more time, more structure, and a steady hand the company can borrow.

Shape & commitment

How the engagement runs.

CadenceMonthly or six-weekly board cycle; ad-hoc availability between
Time commitmentTypically 2–4 days per month, stated in the engagement letter
TermInitial 12 months with reviews at 6 and 12; renewal by mutual choice
FormFormal chair appointment, or chair of an advisory board where statutory office isn't yet right
Fees — honest context

What it costs.

UK chairs of SMEs and scale-ups typically command £25,000–£60,000+ a year depending on scale, complexity and time commitment; intensive phases — a raise, an exit, a turnaround — are usually scoped separately.

Figures are indicative UK market context, not a quotation — every MAXFR engagement is scoped first and priced in a written letter of engagement, with review points both sides can use. For broader numbers, see the NED & chair fees guide.

Questions

Asked about this engagement.

What's the difference between a chair and a NED?
A NED is one independent voice inside the board; the chair runs the board itself — agenda, cadence, conduct and follow-through — and manages the relationship with the CEO. Many businesses start with a NED and graduate to a chair; the decision guide walks through the choice.
We're not a PLC — isn't a chair overkill?
Size isn't the test; the decisions are. If the next two years involve capital, succession, major hires or family transition, the cost of an unchaired board usually dwarfs the cost of a chaired one. The role is sized to you: governance, not theatre.
Can the founder stay in control?
Yes — and they should. The chair runs the board; the CEO runs the business. A good chair makes the founder's control more legitimate, because decisions survive independent scrutiny rather than avoiding it.
How quickly can chairing start?
After an intro call and scoping, most chair engagements begin within four to six weeks — the first cycle typically installs the calendar, the agenda and matters reserved before the first chaired meeting.
Further reading

From the Knowledge hub.

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