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Murdoch Sky Board protest

November 20, 2014

JamesMurdochJames Murdoch’s re-election to the UK Sky board will again be opposed by Pirc, the pension fund advisers, and they are joined by The Local Authority Pension Fund Forum – which unites 61 public sector pension funds. Rupert Murdoch controls 39 per cent of Sky, which was known as BSkyB until changing its name last week.

“LAPFF has consistently raised concerns about James Murdoch’s role on the BSkyB board since 2011, concerning conflicts of interest and director candidature suitability,” said Kieran Quinn, chair of the LAPFF.

The company said: “James Murdoch has always acted with integrity and competence in his time at Sky. He continues to make a major contribution to the company”

Sky’s annual meeting is on 21st November, at  last year’s meeting, 4 per centof investors voted against Murdoch’s re-election.

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