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      Soaring fuel costs hit profit at British Airways owner IAG

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Boards

  • Atos chief exec leaves job after French IT firm sets out plans to split

    June 14, 2022

    Atos chief executive Rodolphe Belmer today left his position as chief executive of the French IT consultancy, following a boardroom spat over plans to split Atos’ business into two separate, publicly-listed firms. The French exec, who only took on his new role January, is now set to be replaced by two new deputy CEOs, who [...]

  • Lukoil board members step down from roles

    March 17, 2022

    Three international board members of Russian petroleum giant Lukoil have left the company today. This includes Roger Munnings, chairman of the Russian-British Chamber of Commerce, Toby Gati, member of the US-Russia Business Council (USRBC), and former Austrian Federal Chancellor Wolfgang Schüssel, president of TTG Global. The oil company’s board of directors now consists of eight [...]

  • Regulator calls out ‘poor’ board succession planning at FTSE 350 companies

    November 25, 2021

    The Financial Reporting Council (FRC) have called out listed companies for “poor reporting” on succession planning, board appointments and diversity, in a review of corporate governance reporting. The FRC said companies provided “minimal information” to show how diversity and inclusion policies and objectives link to their business strategy. The regulator said that while lots of companies [...]

  • Willis Towers licks wounds of failed mega-merger with a board shakeup

    November 18, 2021

    Willis Towers Watson has appointed four new directors, as the company tries to move forward after a failed mega-deal with Aon earlier this year.

  • Women account for a third of financial services boards, report says

    July 19, 2021

    Women now make up a third of boards at 200 of the top British financial firms according to a report, as the government marks five years since it set out to improve gender balance in the male-dominated sector. The number of females on company board has risen to 32 per cent, think tank New Financial [...]

  • Marks & Spencer chair: More young faces are needed on company boards

    May 1, 2021

    Archie Norman, chairman of Marks & Spencer, has said company boards are “made up of old people”, and as a result are not able to keep pace with disruptive, smarter and faster technological advances. Norman, who is also chairman of Signal AI, an artificial intelligence-powered public relations platform, and special advisor to Lazard Bank, said [...]

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