BOC 長，指導者's 支払う／賃金 取引，協定 急に上がるs to £1.8m

By PATRICK TOOHER
Updated: 00:00 BST, 15 December 2002

?

THE 長，指導者 (n)役員／(a)執行力のある of BOC saw his 支払う／賃金 急に上がる last year - even though 利益（をあげる）s fell for the second year running and the 産業の gases group had 約束d to clean up its 行為／法令／行動する on boardroom p ay.

Tony Isaac was paid £1.8 million - a rise of 47%, によれば BOC's 最新の accounts.

His 一括 含むd 特別手当s of £1 million, half of which was a 保証（人）d 支払い（額） 関係のある to 'his かかわり合い and 業績／成果' during an abortive 引き継ぎ／買収 試みる／企てる in 1999 by 競争相手 gas groups 空気／公表する Liquide and 空気／公表する 製品s, says the 年次の 報告（する）／憶測.

BOC also gave Isaac a 60th birthday 現在の, topping up his 年金 reserves by £423,000.

The company has a long history of high 支払う／賃金 for its bosses, 含むing Richard Giordano, Britain's highest-paid 実業家 when he ran BOC during the Eighties.

The group has just 完全にするd a review of its 支払う／賃金 政策 に引き続いて 猛烈な／残忍な 批評 from its 投資家s about 過度の levels of (n)役員／(a)執行力のある rewards.

The accounts 明言する／公表する that the company 'decided that a 再編成 was necessary' and that 'performancerelated remuneration should form a 相当な element of total remuneration'.

The rethink on directors' 支払う／賃金 follows a 一連の heavyweight nonexecutive 任命s to the board, 含むing Smith & 甥 boss Chris O'Donnell, former Goldman Sachs managing director Roberto Mendoza and former Yahoo Europe 長，指導者 Fabiola Arredondo, who are 責任がある setting (n)役員／(a)執行力のある remuneration.

Change is 進行中で already. Isaac was one of four (n)役員／(a)執行力のあるs who last month 調印するd new 契約s cutting the notice period BOC is 要求するd to give them from two years to 12 months - in line with 法人組織の／企業の governance best practice.

Under the 提案するd long-称する，呼ぶ／期間／用語 incentive 手はず／準備, 90 最高の，を越す (n)役員／(a)執行力のあるs could earn up to 200% of their salary in 特別手当s if 確かな 業績／成果 的s are met.

株主s will have a chance to 投票（する） on the 計画（する） at next month's 年次の 会合.

BOC has been 攻撃する，衝突する by the 低迷 in the 半導体 market, for which it makes ultra-pure gases used in the 製造（する） of electronic 半導体素子s. A cost-cutting programme has seen 1,500 職業s go since August 2001.

にもかかわらず the cull, pre-税金 利益（をあげる）s fell from £ 362m to £335m in the year to September.