
Articles, Thought Pieces
Executive Chairman Research – Policy and Practice
This note provides a brief review of the policy and practices behind the appointment and requirements for UK PLC Board Chairmen.
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This note provides a brief review of the policy and practices behind the appointment and requirements for UK PLC Board Chairmen.
2017 was a busy year for Boudicca: City commentators continue to regularly report pressure on Boards to improve governance practices and their disclosure. Investors and proxy advisory agencies continue to be influential so it is not surprising that 2017 saw a substantial rise in demand for Boudicca’s services.
"As Hurricane continues to enhance its corporate governance... the Company is planning to carry out a corporate governance roadshow with investors and proxy advisers to discuss the changes. These meetings, coordinated by Boudicca Proxy, will take place over the coming weeks and provide an opportunity for consultation with stakeholders on the developments taking place."
On the Listing and Governance Committee's recommendation, Hurricane Energy plc has appointed Boudicca to assist in evaluating and transitioning the Company's corporate governance policies and procedures towards best practice, benchmarked against those of a premium listed business.
The Boudicca Corporate Governance Team has updated its Key Issues Document on the 2017 AGM Voting Season for your perusal.
Since 2014, a quoted company’s directors’ remuneration policy must be approved by shareholders’ resolution at least every three years.
Proxy solicitation has been practiced since the 1930s and has evolved to reflect the changing nature of share-ownership, the proliferation of disclosure and regulation, and the changing expectations of shareholders.