Coalition Group examining a bespoke new governance code for private companies is to be chaired by construction company boss James Wates.
James Wates, chairman of construction company the Wates Group, is to chair the Coalition Group that will examine corporate governance principles for large private companies.
The announcement was made by the Financial Reporting Council (FRC), the UK governance watchdog, which will serve as a secretariat to the new group.
The Coalition Group was established in response to the government's green paper on corporate governance reform.
Sir Winfried Bischoff, chairman of the FRC, said: "James Wates brings the background skills, experie
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