Aberdeen Asset Management’s Martin Gilbert appointed as a director on BSkyB board
Aberdeen Asset Management’s Martin Gilbert appointed as a director onAberdeen Asset Management multi-millionaire chief executive, Martin Gilbert, has been appointed a director of broadcaster BskyB.
Gilbert, who co-founded the Scottish fund manager in 1983, will join the BSkyB board following the annual shareholder meeting on November 29 at which chairman James Murdoch is expected to receive criticism from investors over his handling of phone-hacking allegations at the News of the World.
Murdoch family-controlled News Corp, where Murdoch is deputy chief operating officer, owned the newspaper through its News International subsidiary.
Despite opposition from several activist investor groups concerned about his independence, Murdoch is unlikely to lose the shareholder vote at BskyB.
Gilbert is likely to receive a fee of upwards of £56,000 a year from BskyB.
He will be joined on the board by Matthieu Pigasse, controlling shareholder of French newspaper Le Monde.
Lord Richard Wilson, chairman of BSkyB’s nominations committee, emphasised that the independence of Pigasse and Gilbert was a key reason for their appointment.
Gilbert is also chairman of FirstGroup.
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