Even assuming just one day of preparation for each day required, the payment offered is less than £300 daily. Clearly the objective with these new non-executive directors is to ensure a limited control and/or preparation from the Board.
The exact opposite message than that which should be sent. Pay peanuts and get...
Onésimo Alvarez-Moro
See article:
Appointments to the Board of the Consumer Council for Water
Elliot Morley, Minister for Water, has made the following appointments to the Board of the Consumer Council for Water (CCWater):
* Narendra Makanji - Independent board member with expertise in diversity issues; and
* Mike Barnes - Independent board member with expertise in corporate governance.
See full Announcement.
Also see: What is the right price for a Non-Executive Director?
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