Reports have revealed that Knapp would receive at least $66,000 (£40,000) in consulting fees on top of a $2.1m severance package from NTL, which operates in the UK, but is listed in the US.
Knapp is being paid $6,000 a day for consulting work at NTL, the FT reported.
The need for a study of executive pay was highlighted by the head of its compensation committee, Jeffrey Benjamin, who said such a study must be undertaken before an employment contract with Simon Duffy, the newly-appointed chief executive can be agreed.
Duffy is currently being paid £385,000 a year based on his contract agreed to when he was hired as chief operating officer.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements