The departure of BTG’s chairman because of concerns about “overboarding” highlights a growing concern among investors.
Figures reveal that investors are expressing their displeasure with remuneration reports in greater numbers, even though chief executive pay continues to climb.
More than 70% of shareholders voted against the remuneration report for Royal Mail in one of the largest investor revolts seen by a UK-listed company.
Current Whitbread chairman Adam Crozier adds to his chairman roles with the impending post at fashion retailer ASOS.
The Institute of Directors’ annual ranking of listed UK companies for their good governance sees distiller lead the way.
Peter Long, currently joint CEO at tourism group TUI, is to join the board of Royal Mail as chairman from September….