Issue date
11 Jul 2016

date: Monday 11 July 2016
embargo: For immediate release

Responding to Theresa May’s call today (Monday) for workers to sit on company boards, TUC General Secretary Frances O’Grady said:

“The TUC has long argued for workers to be given seats on company boards and remuneration committees. Workers have a clear interest in the long-term success of their companies and deserve a bigger say.

“This move would inject a much-needed dose of reality into boardrooms, as well as putting the brakes on the multi-million pay and bonus packages which have done so much to damage the reputation of corporate Britain.

“If politicians are serious about making chief executives more accountable this is a common sense approach. I stand ready to meet Theresa May to discuss these proposals.”

NOTES TO EDITORS:
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Contacts:
Media enquiries:
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Tim Nichols  T: 020 7467 1388  M: 07808 761844  E: tnichols@tuc.org.uk
Michael Pidgeon  T: 020 7467 1372  M: 07717 531150  E: mpidgeon@tuc.org.uk
Elly Gibson (Mon to Thurs)  T: 020 7467 1337  M: 07900 910624  E: egibson@tuc.org.uk