A group of investors in the Gulf Keystone oil companies to consider new chairman, Simon Murray, at its annual meeting later this month to vote against, Sky News reported on Sunday.

Shareholder group led by M & G Investment, Governance and activist investor criticism "excessive" executive pay at the company, Sky News reported.

M & G on Friday met with Murray discuss corporate governance concerns and angry, at the meeting, the company refused to disclose the former chairman of the annual salary of Kerry, Sky News said.

Therefore, M & G and other investors is considered to be reluctant to vote in favor of Murray, his pay until they see all the details of the broadcast on its website.

Murray, who was in 2011, Glencore listing of China Resources Group at the helm, and oversee its $ 3.9 billion acquisition of Xstrata, was hired earlier this month, the analyst believes that trying to calm investor concerns, on corporate governance.

M & G on Saturday with representatives said in a statement after the meeting, Gulf Keystone said its board will recommend shareholders vote in favor of the M & G on four proposed directors

The company said it had interviewed three or four candidates in a week come to the conclusion that the nominee is not the right experience.

Gulf Keystone and M & G, which holds a 5.1% stake of the company, you can not immediately reach the normal business hours outside comment.