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Tag: poaching

BAE Systems hands Woodburn £2m pay rise after poaching bid

BAE Systems hands Woodburn £2m pay rise after poaching bid

Business
Britain's biggest defence contractor has handed its chief executive a multimillion pound pay rise as its board scrambled to prevent a rival FTSE-100 company from poaching him.Sky News can reveal that BAE Systems has increased Charles Woodburn's base salary by well over £100,000 and awarded him an additional 'golden handcuffs' share package worth £2m to ensure his continued tenure at the company. City sources said on Friday that BAE's board had consulted widely with its top shareholders on the issue and had received their support to incentivise Dr Woodburn to stay.Details of the special remuneration arrangements, which the company described as a "one-off", were contained in BAE's annual report published this week.Dr Woodburn's annual salary has been increased to just over £1.1m, while a per...
Extinction: Elephants driven to the brink by poaching

Extinction: Elephants driven to the brink by poaching

Science
Frank AF PetersensThe ivory trade, loss of vital habitat and a deeper understanding of elephant biology have all combined to reveal a previously underestimated threat to Africa's elephants. African forest elephants are now critically endangered, an update from the International Union for the Conservation of Nature (IUCN) reveals. Savanna elephants are also endangered. And "declines over decades" have driven the species into the two highest categories of extinction threat. African elephants were previously assessed as one species on the IUCN's Red List.Genetic evidence showed them to be two distinct species more than a decade ago.But accurate assessments - of populations, trends in their numbers and the threats they face - take many years. Elephants counted from space for conservation Ivory...