Lonrho picks two outsiders
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.LONRHO'S moves towards greater openness edged forward yesterday when the conglomerate announced the appointment of two independent trustees to its pension scheme, writes Russell Hotten.
Robert Dunlop, deputy chairman, said Lonrho had been considering the move for more than a year. But sources close to Dieter Bock, who has been battling with his joint chief executive, Roland 'Tiny' Rowland, for more accountability at the company, said it was part of his campaign to 'normalise' Lonrho.
The two trustees are Terence Arthur, founder of the actuary TG Arthur Hargrave, which merged with Bacon Woodrow, and James Scott, a partner at BDO Binder Hamlyn, a former Department of Trade inspector and now member of the Restrictive Practices Court.
On Tuesday Mr Bock secured the appointment of two non-executives to the Lonrho board - Peter Harper, of Hanson, and Stephen Walls, of Albert Fisher. But Mr Rowland won agreement that Sir John Leahy, a former director of the Observer, should also join.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments