Royal Dutch Shell Group .com

Financial Times (Letters): Message is muted: A show of hands at annual meetings on controversial matters such as soaring director remuneration linked with indifferent performances conveys a clear message to boards that is blunted in its absence.: a view that was forcibly expressed at recent annual meetings of BOC and Shell Transport and Trading.: Saturday 13 August 2005

 

By Martin E Simons

Published: August 13 2005

 

From Mr Martin E. Simons.

 

 

Sir, A show of hands at annual meetings on controversial matters such as soaring director remuneration linked with indifferent performances conveys a clear message to boards that is blunted in its absence. That is particularly so if proceedings are reported by the Financial Times.

 

It is a significant retrospective step to do away with polls, a view that was forcibly expressed at recent annual meetings of BOC and Shell Transport and Trading. In the absence of a poll shareholders will have a "do-it-yourself" poll, as happened at the last Abbey National annual meeting. Such procedures undermine the standing of directors.

 

Martin E. Simons,

 

London SW15 6HJ

 

Click here to return to ShellNews.net HOME PAGE


Click here to return to Royal Dutch Shell Group .com