Mr. De la Bèreasked the Financial Secretary to the Treasury whether he will give the names of the companies, and the names of the directors, in which the Government have the right of approving certain members of the board, as distinct from the companies on which the Government have a direct right of appointment or nomination?
§ Captain WallaceSo far as I am aware, the only cases in which the Government have the right to approve the appointment of directors, as distinct from the right to nominate or appoint them, are Cable and Wireless, Limited, and the British Sugar Corporation, Limited. The names of the directors so approved are as follow:
Cable and Wireless, Limited:
- Mr. Edward Wilshaw (Chairman).
- British Sugar Corporation, Limited:
- Mr. Henry Beacon.
- Mr. H. E. Carter.
- Mr. B. A. Forster.
- Mr. Walter Johnson.
- Mr. F. M. K. Kielberg.
- Mr. J. N. Mowbray.
- Mr. A. Palache.
- Mr. J. B. Talbot-Crosbie.
In the case of the British Sugar Corporation, the appointment of every original member of the board was subject to the approval of the Government, and the above-mentioned gentlemen, together with the three directors appointed by the Government, constituted the original board.