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Cumming said: "We are supportive of the improved terms and the changes to the executive governance arrangements".
But the convention committee responsible for changes to the executive branch was not so convinced of the need for a change.
"We are supportive of the improved terms and the changes to the executive governance arrangements," said David Cumming, head of equities at Standard Life Investments, a fund manager that owns 1.4 percent of Xstrata and 0.8 percent of Glencore.
The Islanders spent $200,000 on cosmetic changes to the executive level suites and bathrooms in the off-season, adding new wallpaper, pictures, seating and chair rails, part of a $2.5 million upgrade that also included a new wraparound video screen and improvements to the concession stands.
DeMarco was responding to a bipartisan group of 60 U.S. senators that wrote last week and demanded changes to the executive compensation practices that were put in place two years ago.
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Plenty of academics, experts and respected pundits have weighed in on the proposed changes to the rules on disclosing executive pay.
Uefa is preparing to make its own changes to the rules at an executive committee meeting in Prague next week and those amendments may fall in line with the court's interim ruling.
"The announcement concerning the change to the chief executive's termination payment could be viewed by some shareholders as providing the chief executive with an additional incentive to work towards the sale of the company, and thus be potentially price-sensitive," it said in a note to its clients yesterday.
RIM also announced changes to the duties of several executives.
Although several presidents, including Republicans Ronald Reagan and George HW Bush, have enacted executive changes to the immigration system, none have acted unilaterally to shield so many people from deportation.
As The Economist went to press, Legco was still debating the most controversial reforms, of the next Legco election in 2012, but had approved changes to the election for the chief executive in the same year.
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