Fall in number of FTSE non-executive directors

Churchard, Claire
November 2009
People Management;11/5/2009, Vol. 15 Issue 23, p10
The article reports on the decline in the number of non-executive directors (Neds) at the Financial Times and the London Stock Exchange (FTSE)-100 companies by 16 percent in 2008. The decline was documented in a research conducted by the Reward Technology Forum (RTF) which found that the average pay for Neds fell by 5 percent, from 86,576 British pounds in 2007/2008 to 81,930 British pounds in 2008/2009. According to Peter Newhouse, remuneration consultant and founder of RTF, the boards of Britain's biggest companies are shrinking.


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