Governance – With a senior barister stating that some of Nominet’s company articles are “clearly unlawful” and “void”, this is now an urgent concern. Details here. More generally, for me, Nominet should be Not For Profit, not “Profit for Purpose” or any other meaningless marketing slogan. Lock this and other changes in by amending the constitution. Make a clear and bold statement about how Nominet will operate going forward. Deal with it now and put it to bed.
Weighted Voting
Profits and Surplus – I want to see a guaranteed distribution to good causes. Andy Green’s interim pledge of around 50 million is a great start. It also shows how the PublicBenefit.uk programme can be implemented and can lead to real Positive Change. Now let’s lock in a guaranteed revenue stream going forward and set up an independent body to distribute that money.
Domain prices – .uk Domain name prices have risen, while Nominet funded failed commercial projects. That time has passed and it was rejected by the members at the EGM. It’s time to review and revise domain name prices now. We don’t need to wait three years, as set out in Andy Green’s interim statement. Cut prices to the £2.50 a year price now. Details here.
ExecutiveSalaries – The EGM was fought and won on a pledge to review the excessive executive salaries at the top of Nominet. Andy Green has already moved to remove the absurd LTIP and there has been a salary freeze. That’s a start. But let’s finish the job now. It would be a Positive Change to move Nominet’s top salaries back into line with the Not For Profit sector.
