Board of Directors

Our dedicated team combines strong technical excellence with a passion for upholding the Fulcrum Spirit values in everything it does.

Board of Directors key
Executive
Non-Executive
  •   Committee chair
  • A Audit committee
  • R Remuneration committee
  • N Nomination committee

Jennifer Babington

Non-Executive Chairman

Jennifer Babington
Appointed

1 May 2020

Jennifer has extensive experience in law, finance and industry. Having commenced her career as a corporate finance lawyer at Norton Rose Fullbright, she later moved into the renewable energy and infrastructure sector as Legal Counsel of Element Power Limited, a UK based renewables company, overseeing its wind and solar developments in northern Europe. Following this, Jennifer served as the Chief of Staff at the UK Green Investment Bank, the UK government's green investment fund, established to commercialise green investments in the United Kingdom, and was responsible, amongst other things, for advising its Chief Executive on strategy. Jennifer is currently Operations Director and General Counsel of Virgin Racing Limited (trading as Envision Virgin Racing Formula E Team). Jennifer has a Master's degree in Jurisprudence from Oxford University.

Skills 

  • Legal and strategic counsel
  • Renewable energy
  • Sustainability
  • Green investments
Board committees
R N

Terry Dugdale

Chief Executive Officer

Terry Dugdale
Appointed

29 January 2020

Terry has over 29 years’ experience in the multi-utility contracting sector and has held several senior positions in the utility industry. From 2014 to 2019, Terry was a Trading Director of Wolseley Infrastructure companies, where he specialised in identifying and implementing business alignment and growth strategies and successfully doubled revenues and increased margins in various divisions. Previously, he spent two years as Operations Director at Future Energy Group and was UK Construction Manager at GTC for five years, establishing its direct labour organisation during his tenure. Terry has an established track record of driving innovation and performance in the operational delivery of utility infrastructure in the independent multi-utility contracting sector. He is an Incorporated Engineer and member of the Institute of Gas Engineers and Managers and the Institute of Directors.

Skills

  • Leading and implementing performance improvements and efficiencies.
  • Strategic business growth
Board committees

Stephen Gutteridge

Non-Executive Director

Stephen Gutteridge
Appointed

25 January 2011

Stephen has over 35 years’ experience in energy and utilities, beginning with Shell in marketing and oil trading. In 1988 he joined Amerada Hess, managing its oil trading and UK gas businesses. From 1992 to 1997 he was Managing Director of Supply at Seeboard plc. Stephen held executive and non-executive positions in Ferguson International, the International Petroleum Exchange and CORGI. He was Chairman of Star Energy, a UK oil and gas storage operator, from IPO through to its acquisition by Petronas; Chairman of President Petroleum; a Non-executive Director and Chairman of TQ Group, which was successfully sold to Pearson in 2011; and Chairman of Nighthawk Energy.

Skills

  • Strategy
  • Remuneration policy
  • Corporate governance
Board committees
A R

Jeremy Brade

Non-Executive Director

Jeremy Brade
Appointed

12 June 2020

Jeremy is a partner at Harwood Capital LLP, a substantial shareholder in Fulcrum. He is an experienced investor in a range of situations including utilities infrastructure.  He has been a member of the boards of several UK and international public and private companies. He is currently a Non-Executive Director of FIH plc. Jeremy served as a diplomat in the Foreign and Commonwealth Office and as an Army officer. He holds a degree from the University of Oxford.

Skills

  • Strategic development and investment in the utility and energy sectors
Board committees
A N

Jonathan Turner

Non-Executive Director

Jonathan Turner
Appointed

12 June 2020

Jonathan Turner is the owner and Chief Executive of The Bayford Group, comprising a diverse number of entrepreneurial companies, predominantely in the energy and property sectors. With over 30 years’ experience in downstream energy, Jonathan has led a variety of start-up businesses, management buy-outs, mergers, acquisitions and disposals. The global move away from fossil fuels has led Jonathan into the supply of electricity, gas and electric vehicle charging points in the UK and Netherlands. Jonathan is a substantial shareholder in Fulcrum.

Skills

  • Strategy and innovation and in the energy and property sectors
Board committees
R N