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- Clarke announced his change early Monday before the Greenbury committee's report had been officially published.
- The move comes in immediate response to the Greenbury committee on executive pay and remuneration set up by the Confederation of British Industry.
- The London Stock Exchange said Monday that it it intends to amend its rules by the end of October to conform to the Greenbury committee's proposals on disclosure of executive compensation.
- Two high-profile committees in the U . K ., the Cadbury Committee and the Greenbury Committee, have issued reports on corporate directors and issues such as executive compensation in the past few years.
- For nationalized industries sold to private ownership, Greenbury recommended that no share option be granted for at least six months _ preferably a year _ after shares are floated on the stock market, the Greenbury committee said.
- Although two high-profile committees in the U . K ., the Cadbury Committee and the Greenbury Committee, have issued reports on corporate directors and issues such as executive compensation in the past few years, pension funds are still unsure exactly where they stand as shareholders, some said.