§ Mr. CousinsTo ask the Secretary of State for Trade and Industry if he will list the names, dates of appointment, remuneration and other directorships of all directors appointed by him or his predecessors under special or golden share provisions.
§ Mr. RedwoodGovernment directors appointed to the board of British Aerospace under the special share provisions, together with the dates of their appointment, have been Mr. K. M. Bevins CBE TD (1 May 1985); Mr. C. B. Gough (19 October 1987); and Mr. K. C. Brown (16 March 1989).
Government directors appointed or nominated to the board of British Telecom under the special share provisions, together with the dates of their appointment or nomination, have been Mr. G. D. W. Odgers (20 September 1984); Mr. J. M. Raisman (20 September 1984); Mr. P. G. Bosonnet (1 October 1986, and re-nominated on 1 October 1988); Mr. G. J. Mulcahy (19 October 1988).
Remuneration is a matter for the individual companies. Both companies' articles of association state that each director (including Government directors) shall receive a level of remuneration as decided by the company board subject to a maximum level agreed by shareholders.
Details of other directorships as specified in section 289 of the Companies Act 1985 are held in the register of directors maintained by each company in accordance with section 288 of the Act. Details are also publicly available from the Registrar of Companies.