BSkyB faces challenge over non-executive board members

UK satellite pay-TV operator BSkyB is facing a fight to keep a number of its non-executive board members after banking group Pension Investment Research Consultants (PIRC) warned institutional investors about their independence.

PIRC, which advises investors on corporate governance, noted that board members including Sky Italia chief executive Tom Mockridge, finance officer David DeVoe and director Arthur Siskind should be removed because they are too closely linked to the pay TV broadcaster’s parent company. The company holds its annual general meeting on October 23.