The two chairmen will sit on a panel set up by the Investment Association with the aim of stopping damage created by complex pay structures

The chairman of Sainsbury’s and the boss of the insurer Legal & General are to lead a campaign to simplify boardroom pay.

David Tyler, chair of the supermarket group, and Nigel Wilson, who runs L&G, are members of a panel being created by the Investment Association, whose members control about a fifth of all companies listed on the stock exchange.

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Source: The Guardian Circular Economy RSS