"The impression created by Mr. Grasso's compensation is not only the negative impact of the size of the remuneration, but the fact that he was remunerated by the people that he was supposed to be regulating," Mr. Hevesi said.
Publish the fees of the remuneration consultants?
If the second attempt fails, the chairman of the remuneration committee should quit.
Read has held the chairmanship of the remuneration committee at British Airways since 1990.
He said votes against the chair of the remuneration committee could be particularly effective.
Joined the board in 2014 and is chair of the remuneration committee.
The entire cost of the remuneration package to the BBC is estimated at around £4.6 million.
However, ISS noted that she remained a member of the remuneration committee and said it "does not consider her to be independent; she remains a member of the remuneration committee, which should be wholly independent".
Cable told the heads of the remuneration committees that shareholders had shown their willingness to reject excessive pay deals.
That appears to be a reference to her role as chairman of the remuneration committee at Barclays bank.
"The changes to the structure of the remuneration policy were made in response to regulatory developments," it added.
