BT is to overhaul the way it sets executive pay after the telecoms giant suffered a revolt over outgoing boss Gavin Patterson’s bumper £2.3 million remuneration. The firm said that, following a rebellion in which 34% of investors rejected its remuneration report in July, it spent time engaging with shareholders...

PARIS/MILAN (Reuters) - French media giant Vivendi called on Friday for the replacement of five of Telecom Italia's board members put forward by U.S. activist fund Elliott, citing a "substantial lack of independence". The move is the latest twist in a months-long battle between Vivendi, which holds a stake of around 24 percent in Telecom Italia (TIM), and Elliott over how to revive Italy's biggest phone group, an underperforming business saddled with 25 billion euros (£22.48 billion) of debt...

Current and former chief executives of mining giant BHP, Dulux paints maker Akzo Nobel (Amsterdam: AKZA.AS - news ) , electronics group Samsung and the consumer goods group Nestlé will know exactly how Alexandre Ricard feels today. All have been targeted in the recent past by Elliott Advisors, the aggressive US activist investor, which on Wednesday announced it had built a stake of more than 2.5% in Pernod Ricard (TLO: RI-U.TI - news ) - the French drinks giant behind The Glenlivet scotch whisky, Jameson Irish whiskey, Ballantine's scotch whisky, Beefeater gin, Martell cognac and Kahlua liqueur - where he is chairman and......

Two FTSE-100 companies with a combined market value of almost £11bn are kicking off the search for new chairs as John McAdam, the veteran industrialist, prepares to step down after more than a decade at the helm. Sky News has learnt that both Rentokil, the pest control and facilities management group, and United Utilities (LSE: UU.L - news ) , the water company, have begun hunting successors to Mr McAdam, who joined both companies in 2008...

Turmoil at Japan's Nissan Motor surrounding allegations of impropriety by ousted chairman Carlos Ghosn raises questions about the oversight role of the company's board of directors, corporate governance experts said this week. Ghosn, long seen as a superstar of the global auto industry, was arrested last month after allegedly under reporting compensation and misusing assets...

(Reuters) - Japan slid three places to seventh in a widely watched ranking of corporate governance in Asia, tying with India but languishing behind the likes of Thailand and Malaysia. The fall is part of a biennial survey by the Asian Corporate Governance Association (ACGA) and CLSA, the Asia-focused brokerage, and comes as governance in Japan is in the spotlight following the arrest last month of Nissan...

United Technologies announced late Monday that it intends to separate into three companies: United Technologies, Otis and Carrier. The company also said it has completed its acquisition of Rockwell Collins and combined that business with UTC Aerospace Systems to form Collins Aerospace Systems. That unit will be part of the United Technologies company after the split...

How General Electric (GE) resolves its debt problem will be "critical" to the wider Investment Grade (IG) market, an analyst said Monday. The General Electric Company has witnessed an exodus of investment from both its equity stock and corporate debt as its future has been called into question. The U.S. behemoth has piled on the debt in recent years as it looked to buy companies, pay off its pension deficit and buy back shares...

In his latest broadside against big business, Sen. Bernie Sanders, I-Vt., is introducing a bill Thursday that would prevent large companies from buying back stock unless their employees are paid at least $15 an hour. The proposal is aimed squarely at the nation's largest bricks-and-mortar retailer: Walmart, which announced earnings Thursday that beat analysts' expectations though revenue missed forecasts...

Lehman Brothers collapse: where are the key figures now? Sean Farrell Protesters hold signs behind Dick Fuld as he prepares to testify at a House oversight and government reform committee hearing on the Lehman Brothers collapse in Washington in 2008....

Lucy Burton The Prime Minister used a keynote speech in 2016 to pledge that employees will join directors in boardrooms and be given a say in how businesses operate. - AP More Britain’s bosses must prove that they have listened to workers’ views under a long-awaited package of reforms aimed at rebuilding trust in UK business...

The battle of words over the LSE's leadership continues More Hedge fund billionaire Sir Christopher Hohn is showing no signs of dialing back on his campaign to oust the London Stock Exchange's chairman, ignoring the board's plea for him to back down by issuing a scathing dossier...

Investors clampdown on lavish relocation perks ahead of AGM season Lucy Burton Tweet Share Diageo, which is behind Johnnie Walker, the whiskey brand that recently ran an advert with Jude Law, was among the companies to offer relocation packages to staff this year. - Getty Images More Bosses have been told to wave goodbye to lavish relocation packages as investors ramp up their battle against boardroom excess with a clampdown on perks...

An attempted boardroom coup at Johnston Press has been thwarted by a controversial “poison pill” defence that could hand control of the newspaper publisher to its lenders...

Fidelity International, one of the biggest investors in British companies, has proposed making powerful remuneration committee heads more accountable to shareholders. Such a move would ratchet up pressure on company boards to rein in excessive pay after rebellions at a number of firms' shareholder meetings in recent years, including BP and WPP (Frankfurt: A1J2BZ - news ) , and comes ahead of the bulk of this year's votes...

Hellenic announces that Graham Stanley Jones has been appointed as a non-executive Director of the Company. Graham is a founding director of Garness Jones Chartered Surveyors, one of Hull's leading commercial surveying practices. He provides professional and valuation services for a number of well-known banks and a wide range of private clients...

Pandora is looking at potential acquirers beyond SiriusXM as of Wednesday, sources told CNBC. The strategy could give Pandora leverage if satellite radio company SiriusXM pursues serious negotiations about a potential deal, the sources said...

 Michael Kors Holdings Limited (NYSE:KORS) (the “Company”), a global luxury lifestyle brand, today announced that Robin Freestone has been appointed to the Company's Board of Directors, effective immediately ...

Chipotle Mexican Grill has begun looking for a new board member in hopes that it can placate investors and jump start the burrito chain's turnaround. "We are interviewing for a new board member now and considering additional board changes to meet longer-term needs," Chris Arnold, a company spokesman, told Bloomberg ...

 Blank Rome LLP is pleased to announce that Ira L. Herman has joined the Firm as a Partner in the Finance , Restructuring, and Bankruptcy group. Mr. Herman joins Blank Rome from Thompson & Knight LLP, where his practice focused on distressed public debt issues, insolvency matters involving upstream and midstream oil and gas companies, and distressed M&A, in addition to traditional bankruptcy and insolvency matters.... 

The Board of Directors appointed Galina Aglyamova, an independent director, as a member of the Finance, Budgeting and Strategy Committee, which now comprises the following members: Pavel Mitrofanov (Chairman), Galina Aglyamova, Andrey Varichev, Valery Kazikaev and Dmitry Tarasov ...

John F. Stapleton, Chairman of the Board of El Capitan Precious Metals, Inc., (ECPN) announced today the appointment of Daniel Martinez to its Board of Directors. As part of the Company’s long-term goal of expanding its Board, Mr. Martinez brings unique abilities to the Company’s development efforts ...

WiFi startup Zenreach has officially emerged from stealth mode, announcing that it's raised $50 million and added Peter Thiel to its board. Zenreach uses WiFi to help merchants find out how many times a customer returns to a store. When customers login to a store's free, customized WiFi with their email addresses, merchants can track how many times customers return...

Billionaire Sumner Redstone named new "loyal" trustees to the trust that controls media giants Viacom (NasdaqGS: VIAB - news ) and CBS Tuesday, days after firing two long-time allies he has fallen out with. The move appeared to strengthen the hand of Redstone's daughter Shari in the battle over the future of the $40 billion broadcast entertainment business which controls hit names like MTV, Nickelodeon, and Comedy Central, as well as Hollywood giant Paramount Pictures...