Balfour Beatty shareholders rebel over lack of board diversity

By Jordan Marshall2021-05-19T08:50:00

More than a fifth of shareholders opposed the reappointment of Philip Aiken as a director

Almost a quarter of Balfour Beatty shareholders have opposed the reappointment of the firm’s current chair as a director amid concerns about a lack of diversity on its board.

The reappointment of Philip Aiken was opposed by 22.01% of shareholders at the annual general meeting last Friday.

In a statement to the stock exchange Balfour Beatty said: “The board notes the result of this resolution which we understand has arisen due to concerns about board diversity.

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