News
Gender diversity, 8 August, 2017
Google employee fired over ‘gender differences’ email to staff
A Google engineer who claimed that the “differences” between men and women explained pay and role disparity at the organisation has been fired, according to reports.
By Andrew Cave, 8 August, 2017
Unilever’s takeover rejection becomes a turning point
Unilever this year defeated a takeover bid from American rival Kraft. But the episode has prompted questions over the Anglo-Dutch group’s ability to maintain its much-envied sustainable business model.
Dame Helen Alexander, 7 August, 2017
Dame Helen Alexander, former CBI president, dies
One of the UK’s most senior female business figures, Dame Helen Alexander, has died aged 60 from cancer. She served on the boards of many companies, and recently co-led a review into the number of women on FTSE350 boards.
Succession planning, 7 August, 2017
Paddy Power Betfair CEO Corcoran to leave, while non-exec steps up
Long-standing executive Breon Corcoran stands down after steering the group through its merger, while Peter Jackson departs his Worldpay CEO role after just six months to take the Paddy Power Betfair position.
Share divestments, 4 August, 2017
Major investors ditch Sports Direct holdings as governance concerns continue
As Standard Life and Aviva drastically reduce their holdings in Sports Direct, the retailer prepares to face investors at its AGM in a month’s time.
EU Damages Directive, 3 August, 2017
EU Damages Directive transposed into Belgian law
Victims of competition law breaches can now sue for full compensation in Belgium following implementation of the EU Damages Directive into domestic law.
Stewardship Code, 3 August, 2017
Investors improve reporting under Stewardship Code, says FRC
Governance watchdog sees improvement in the transparency of investors’ approach to engaging with companies, and in their reporting.
FTSE100 CEO remuneration, 3 August, 2017
FTSE100 CEO pay falls but much further to go, say governance experts
Average pay packet for FTSE100 CEOs falls in 2016 but there are calls to rethink the measures which set their remuneration.
Sovereign-controlled companies, 2 August, 2017
Easing rules for sovereign-controlled listings ‘detrimental’ to governance
UK plans to free up listing rules to attract sovereign-controlled companies could have a detrimental impact on the region’s reputation for sound corporate governance, warns the Institute of Directors.
Board moves, 2 August, 2017
The AA removes executive chairman citing ‘gross misconduct’
A statement from the AA says Bob Mackenzie was removed from his post, while a statement from the family says he “resigned” suffering from “acute ill health” and has been admitted to hospital.