A study by global executive recruitment firm Russell Reynolds Associates has revealed that 84% of the senior business leaders interviewed, among whom were representatives of 51 of the FTSE 100, believe there are problems surrounding board pay. The study, ?The Problem with Board Pay ? Concerns of Leading Chairmen and CEOs’, offers valuable insights into the opinions of the UK’s leading businessmen on a range of board remuneration issues.
David Shellard, Chairman, Russell Reynolds Associates’ Board Practice says: ?The face-to-face discussions with Chairmen, Chairmen of Remuneration Committees and CEOs show that, in spite of extensive recent debate, the UK’s business leaders remain concerned about board pay.
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