Sam Laidlaw

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Laidlaw as CEO of Centrica at a CBI Higher Education taskforce meeting, London, July 2009

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.

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

Notes

  1. 1.0 1.1 1.2 HSBC Sam Laidlaw, accessed 12 March 2015
  2. 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