News Column

Simon Walker on ...

August 19, 2014

Barclays "It cannot be right in any business for the executive bonus pool to be nearly three times bigger than the dividend payout to the owners . . . the question must be asked - for whom is this institution being run?"

Burberry "Investors are happy to approve significant pay awards for high-achieving chief executives, but this must be based on proven performance. As successful as Christopher Bailey has been . . . he is unproven as a CEO. And yet, his pay will put him among the highest paid FTSE chiefs."

Mike Ashley "The fact the board of Sports Direct is again attempting to push a hugely generous award for Mike Ashley - in the face of shareholder opposition - suggests weak governance. "This package would be unthinkable for an executive who was not also the company's leading shareholder."

Fifa "By embracing rather than rejecting fundamental reform, Fifa has the opportunity to become a beacon of best practice in global sports governance, rather than an increasingly derided pariah."

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Source: Guardian (UK)

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