As corporations have come under increased public scrutiny in the economic downturn so too have boards come under heightened pressure to govern in a responsible manner.

Outrage over topics such as executive pay should be directed, less at the executives receiving windfall bonuses, and more at the board directors who set and approve remuneration packages in the first place.

Scandals over topics such as pay show that, despite the huge advances made by most companies over the past few years, corporate governance remains a hot topic and worthy of analysis.

HVS Executive Search is pleased to present the results of its annual corporate governance study of European hotel companies and to congratulate Rezidor Hotel Group on achieving top spot.

The full report was published in the October edition of Hotel Report. Click here: www.hvs.com/emails/execsearch/102209/boardsports.pdf to read further in a new window.

About the Author

Chris Mumford is Managing Director of HVS Executive Search in London and specializes in executive search and compensation consulting for clients in the hospitality industry throughout Europe, the Middle East and Africa. A regular speaker on industry related issues, Chris is a frequent author of articles on executive selection, compensation trends, and general Human Resources topics for a number of industry publications.

A selection of hospitality clients include Emaar (Armani) Hotels & Resorts, Fairmont Hotels & Resorts, Hilton Hotels Corporation, Mandarin Oriental Hotel Group, Maybourne Hotel Group, Sama Dubai, The Stein Group, Rezidor Hotel Group, Aareal Bank, Invesco and Starwood Capital.

Thomas Mielke is an Associate at HVS Executive Search in London. A graduate in International Hospitality Management from Ecole hôtelière de Lausanne, Switzerland, Thomas has previously worked with real estate and hotel consulting companies in Germany and Spain specialising in hospitality related projects. A Swiss and German national, Thomas is fluent in English, German, Spanish and French.

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