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Pension Funds Challenge BP Pay Off
London Pensions Fund Authority (LPFA) has retained US lawyer William Lerach to file suit in Alaska to block £70m for retiring CEO John Browne, pay off 'excessive' 09.02.07 Reuters, BP, Corporate Governance, US Corporate Governance
EMI Will Have to Pay Levy
EMI is expected to have to pay sacked CEO Alain Levy £3m even if he goes straight to another job, believed to have dropped 'mitigation' clause from his contract 15.01.07 Telegraph, Employment Law, Media Law
Scrutiny of PartyGaming Pay Deal
PartyGaming pay deal to staunch outflow of executives is stirring unease among investors, bonuses not connected to future share performance as usually required under governance codes 03.01.07 Guardian, Company Law, Corporate Governance
SEC Acts on Stock Options
Regulator has opened inquiries into dozens of firms suspected of illegally fixing timing of stock options, enhances value to recipient 18.07.06 Times, Capital Markets, Sarbanes Oxley, US Corporate Governance
SEC Acts on Stock Options
Regulator has opened inquiries into dozens of firms suspected of illegally fixing timing of stock options, enhances value to recipient 18.07.06 Times, Capital Markets, Sarbanes Oxley, US Corporate Governance
ABI Sceptical of C&W Bonus Scheme
ABI to put Amber warning on C&W £220m bonus scheme, says payouts are not sufficiently tied to performance, top execs stand to make £20m each 21.06.06 Telegraph, Capital Markets, Employment Law
Vinci Chair Denies Leaving
Antoine Zacharias denies resignation from world's largest construction business, follows announcement that board backed CEO Xavier Huillard in accusing Zacharias of 'growing unreasonably rich' 15.06.06 Times, Construction, US Corporate Governance
Vinci Chair Denies Leaving
Antoine Zacharias denies resignation from world's largest construction business, follows announcement that board backed CEO Xavier Huillard in accusing Zacharias of 'growing unreasonably rich' 15.06.06 Times, Construction, Corporate Governance
Stock Options
Up to 17 companies are investigating issues of stock options to execs backdated to ensure payout, Federal prosecutor has issued subpoenas to Vitesse, Caremark Rx and SafeNet 22.05.06 San Francisco Chronicle, Capital Markets, Corporate Governance, Telecoms
C&W Big Bonus
Firms plans 'private-equity' style £220m bonus scheme for senior management Times CWU gen sec Jeanie Drake says it is 'outrageous' to pay so much to execs to do their 'normal' jobs 15.05.06 Guardian, Capital Markets, Telecoms, US Corporate Governance