The FSA’s new draft code of remuneration code of practice has put good governance front and centre by insisting that remuneration is tied to effective risk management. The proposed policy is a follow-up to the letters written to the CEOs …
Read MoreChrysalis is no stranger to director payoff issues, as reported in the Daily Telegraph last year. This year’s annual report is equally revealing. During 2008 Michael Connole received compensation for loss of office of £410,000, while Richard Huntingford received compensation …
Read MoreWhen it comes to incentive pay schemes, it’s rare to encounter a scheme that strays from the ‘tried and trusted’ EPS and TSR performance measures. Anything that seeks to focus to a significant degree on extra-financial performance measures is for …
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