Glaxo heads quick to roll after Garnier pay debacle.

The Daily Mail (London, England) | June 6, 2003| | Copyright

Byline: CLIFF FELTHAM

DRUGS giant GlaxoSmithKline replaced two non-executive directors last night in response to the humiliating vote against the pay package of chief executive Jean-Pierre Garnier.

Out went disgraced former Marconi chairman Sir Roger Hurn and American-born Paul Allaire, who headed the board committee responsible for drawing up Garnier's potential [pounds sterling]22m leaving package.

The swiftness of Glaxo's response following last month's stormy agm is likely to surprise - and please - the City.

But Glaxo's move was ...

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