PIRC expresses concern over John Alan occupying the chairman’s role at both Barratt Developments and Tesco.
A shareholder group has recommended opposition to the reappointment of Tesco's chairman John Alan because he also chairs another FTSE 100 company.
PIRC (Pensions and Investment Research Consultants) noted that Alan is also the chairman of Barratt Developments and suggested that the chairman of such a large organisation should be devoting considerable time to the role.
PIRC said: "The role of the chairman is considered to be crucial to good governance as they are primarily responsible for the culture of the board, and by extension the organisation as a whole and for ensuring that the board operates effectively. As such we consider the
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