Independent investors in media group Sky voted heavily against the remuneration report with just 36% of shareholders giving it their backing at the AGM this week (12th October). Chairman James Murdoch received a narrow vote in support of his re-election …
Read More
Drinks company Diageo has topped the latest rankings for good corporate governance from the Institute of Directors (IoD) in its third annual review of the UK’s top 100 companies.
The 2017 Good Governance Report was compiled for the IoD by …
Read More
Water supplier, United Utilities, which has customers based in the North West of England, has been fined £666,000 and ordered to pay costs of over £32,000 after pleading guilty to polluting a river with untreated sewage effluent in Greater …
Read MoreIn the run up to the Sports Direct AGM this week (6th September) there were calls for shareholders to vote against the re-election of its chairman, Keith Hellawell, amid concerns that he has not been strong enough in dealing with …
Read More
AIM-listed Telit Communications has dismissed its chief executive, Oozi Cats, following the revelation that he had faced criminal charges and was on run from the US authorities. Yosi Fait, the financial director was appointed as interim chief executive.
Following …
Read More
Japanese company, Toshiba, which has been restructuring after admitting accounting failures in 2015 has published its annual report for 2016 after receiving a qualified opinion from its auditor, PWC Arata, which meant the firm avoided being delisted from …
Read More
AIM-listed Real Good Food has admitted to not disclosing payments to directors in its related parties transaction notes within its annual reports for three financial years from 2014 to 2016.
These notes should have revealed the payment of consultancy fees …
Read MoreRetailer Sports Direct which has been under intense scrutiny from investors, politicians and the media for over a year due to perceived corporate governance failings and criticisms of its working practices has appointed a permanent finance director.
Jon Kempster will …
Read MoreUber’s founder and chief executive Travis Kalanick, who last week said he would take indefinite leave, has now resigned from his post although he remains on the board of the technology-driven ride-hailing company, following pressure by shareholders, reports state.…
Read MoreA coalition of institutional investors is gathering support for a campaign for a vote against six directors and executive pay at the pharmaceuticals company, Mylan which has faced controversy over raising prices for its EpiPen product. Its AGM is due …
Read More