Sam Laidlaw
Sam Laidlaw is on the board of bank HSBC Holdings plc.
He is the former CEO of energy giant Centrica plc and the former lead non-executive board member of the UK Department for Transport.
Contents
Background
Laidlaw is a qualified solicitor and has a Master's degree in Business Administration from INSEAD in France.[1]
Career
Other previous roles include executive vice president of Chevron Corporation; non-executive director of Hanson PLC; chief executive officer of Enterprise Oil plc; and president and chief operating officer of Amerada Hess Corporation.
He is also a former member of the UK Prime Minister’s Business Advisory Group.[1]
HSBC
Laidlaw was appointed to board of HSBC in 2008, and is currently an independent non-executive director and chair of the group remuneration committee and nomination committee.[1]
Following a major reshuffle in March 2015, Laidlaw was appointed chair of the group remuneration committee and nomination committee. Laidlaw, who received up to £5 million a year at Centrica, has previously been criticised for his lavish windfalls, will now be put in charge of setting pay levels at the bank and will receive a wage increase from £120,000 to £155,000 a year. The appointment has been criticised as reinforcing the 'cosy club' of executives who set rewards packages for each other.[2]
Lobbyists
- Bell Pottinger Public Affairs (circa February 2013)
Notes
- ↑ 1.0 1.1 1.2 HSBC Sam Laidlaw, accessed 12 March 2015
- ↑ Peter Campbell Former British Gas boss criticised for 'lavish' windfalls put in charge of pay at HSBC Daily Mail, 20 March 2015, accessed 23 March 2015
