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News digest 15/5/17: Worker representative for Sports Direct

15 May 2017

News digest 15/5/17: Sports Direct worker representative - read more

The latest governance stories in the news

Sports Direct has appointed a worker’s representative who will attend company board meetings during his 12-month tenure.

Barnstable store manager Alex Balacki, 30, has worked for the company for 13 years and was elected by the firm’s staff, beating two other candidates who were selected through an internal assessment.

A Sports Direct spokesperson said: ‘Having explored all options we believe this is the best way to ensure the workers’ representative is free to champion the interests of all staff.’ The firm’s owner Mike Ashley added that Balacki would make a positive difference.

 

Hackers attack half of UK companies

Almost half of UK businesses suffered at least one cyber attack in the past year, according to a study by the Department for Culture, Media & Sport. The most common attacks were fraudulent emails asking staff to reveal password or financial information, or to open attachments that introduced viruses and malware.

 

Revised financial model and governance for cricket

Control of world cricket is to change following a meeting of the International Cricket Council (ICC). In 2014 the ICC handed power to the ‘Big Three’ of England, India and Australia, to decide how the game is run and how its finance is shared out. Other cricketing nations such as South Africa and Pakistan protested, leading to changes being decided at an ICC meeting in Dubai. Constitutional board decisions also pave the way for more Test nations and the introduction of an independent female director.

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