Remuneration committees

15 items, ordered by date.

1. In confidence. Record of meeting with Sir Ron Dearing, Chairman of the Financial Reporting Council, on 11 June 1991

Objective of the meeting: to canvass Sir Ron’s view of the ground the Committee might cover.

2. Letter, dated 11 July 1991, and final draft by Bow Group Committee paper on corporate governance.

Bow Group paper contains recommendations on non-executive directors, remuneration committees, audit committees, separation of roles, training for directors and their contracts, reporting auditing and memo from Sir Adrian Cadbury.

3. Record of meeting with Mr Alan Diamond on 17 July 1991 and proposals

Mainly focuses on remuneration of top directors. Includes a short paper making proposals to arrest corporate greed.

4. Letter, dated 29 July 1991, and notes on corporate governance from Lord Ezra, House of Lords

Notes refer to role and responsibilities of non-executive directors of larger publicly quoted companies.

5. Letter, dated 20 August 1991, and notes on remuneration committees from Colin St Johnston, PRONED

Letter accompanies draft guidelines and survey of remuneration committees will follow in hard copy.

6. Letter from Andrew H Simon, Evode Group plc, 3 October 1991

Letter concentrates on various committees within a company and a responsible attitude being adopted by institutional shareholders.

7. Letter, dated 22 October 1991, to PRONED

Letter mentions the number of non-executive director posts held and the roles of non-executive directors.

8. Letter, dated 29 October 1991, from Ewan Macpherson, Smith & Williamson

Letter gives his view on roles and responsibilities of non-executive directors including remuneration committees.

9. Record of meeting with Mr Bill Morrison, Chairman of the Auditing Practices Board, on 4 December 1991

Includes a draft work programme and an update of the draft Accounting Practices Board discussion draft.

10. Letter, dated 8 June 1992, from DJ Hughes with acknowledgement by Nigel Peace

Comments that serious problems shareholders face, on remuneration committees and the Caparo case. Includes memo from Nigel Peace.

11. Comments, dated 23 July 1992, from the Chartered Institute of Management Accountants

Comments on the separation of roles, non-executive directors , internal control systems, audit and remuneration committees and various aspects of auditing.

12. Letter, dated 31 July 1992, from Maureen Howe, Legal and General, and response to the draft code

Welcomes the code and comments with concerns about possible two-tier board and time-limited contracts for non-executives.

13. Extract from Country Casuals Annual reports 1992/3

Extract outlines the role of non-executive directors and committees within the board of directors.

14. Correspondence up 11 December 1992 with Gavin Burnett and David Lewis, Molyneux Estates

Peace gives pointers concerning points raised: audit and remuneration committees and application of the Code to smaller companies.

15. Correspondence to and from Alan Diamond, March to July 1991

Letters to and from Alan Diamond, including photocopies of those published in The Times and comments. Includes three unattributable pages entitled The counter proposals to arrest corporate greed, and handwritten notes presumably based on a meeting after 6 June 1991.