Exchange of emails between Trustees and HPPA on Request for a Governance Review
This document shows the communications between the Trustees and HPPA on the subject of a Governance Review of the Pension Fund.
Responses and Exchange with HPE & Trustees
These documents show the communication exchanges with Marc Waters and Paul Early in response to our request above.
Strategy for Value Recovery – Whitepaper
This document explains our proposed Strategy Framework for Restoring Value for past and future pensioners including analysis and simulation of various approaches that can be adopted through greater collaboration between company and Trustees
Strategy for Value Recovery – Cover Letter
This document introduces our proposal for a “Strategy Framework” for restoring value for pensioners in the future – sent to both Marc Waters and Paul Early.
Supplementary Content
This document provides additional analysis on ways to approach and deliver sustainable discretionary increases over future years, including indicative estimation of costs
Main Justification Document
This document provides detailed and exhaustive analysis and justification for a “Collaborative Governance Review” and includes a “benchmark” with the progress IBM Leadership and Trustees have made in delivering discretionary increases.
HPPA Governance Review Cover Letter
This document introduces our formal request to Marc Waters and Paul Early requesting their support for initiating a “Collaborative Governance Review” to break the deadlock that exists on granting discretionary increases.
HPE Trusteeship Excellence and Discretionary Decisions
This document highlights the HPPA view and perspective that it is essential that the Board of Trustees find ways to improve their ability to have greater collaboration and influence with company leadership which is a key aspect of achieving excellence in governance and Trusteeship
HPE Ethics and Discretionary Decisions
This document highlights the changing values and ethics of HPE and contrasts this with the treatment of pensioners and asks a range of questions for Marc Waters to consider to close the gap between “espoused values and ethics” and “actual behaviour and decisions”.