The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSTOB.L Share News (STOB)

  • There is currently no data for STOB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Stobart appoints interim finance chief after boardroom row

Thu, 23rd Aug 2018 09:11

(Sharecast News) - Stobart Group has appointed an interim finance chief and two directors as the infrastructure group seeks to rebuild its board after a bitter bust-up. Michael Williamson will become interim chief financial officer on 10 September, replacing Richard Laycock who left the FTSE 250 company in July. Williamson, who had been standing in as CFO at Gama Aviation, will not join the board.Nick Dilworth, currently group commercial director, will join the board as chief operating officer on 1 September. Stobart has also recruited Ginny Pulbrook, who will become a non-executive director on 1 October.The owner of Southend airport has been looking to rebuild its board after a dispute in which former chief executive tried to depose chairman Iain Ferguson, triggering legal accusations from both sides. The dispute highlighted wider issues with Stobart's governance.Pulbrook works at Camarco, a public relations firm, and spent 26 years at rival communications adviser Citigate Dewe Rogerson, which she co-founded. Stobart had been criticised by the Investment Association for not having a woman on its board.Ferguson said: "We have moved quickly to strengthen the board. Nick has already supported the commercial progress of the Company through his work with the leadership teams of our operating divisions. Ginny will add further commercial insight as well as bringing significant experience of providing strategic advice to the Boards of some of the UK's largest companies. Michael, who has considerable PLC experience, will oversee the Group's finance function."The company is still looking for a new non-executive chairman, a senior independent director and at least one more non-executive director.
More News
1 Oct 2020 10:23

Stobart Says Southend Airport Being Kept Humming By Logistics

Stobart Says Southend Airport Being Kept Humming By Logistics

Read more
29 Sep 2020 09:37

UK BROKER RATINGS SUMMARY: Berenberg Says Buy AstraZeneca And Glaxo

UK BROKER RATINGS SUMMARY: Berenberg Says Buy AstraZeneca And Glaxo

Read more
16 Sep 2020 17:08

IN BRIEF: North Atlantic Net Asset Value Hit By Covid-19 In Interim

IN BRIEF: North Atlantic Net Asset Value Hit By Covid-19 In Interim

Read more
4 Sep 2020 18:24

IN BRIEF: Stobart Confirms Talks For Potential Stobart Air Sale

IN BRIEF: Stobart Confirms Talks For Potential Stobart Air Sale

Read more
1 Sep 2020 12:32

CORRECT (AUG 28): UK DIRECTOR DEALINGS SUMMARY: Persimmon CEO Sells

CORRECT (AUG 28): UK DIRECTOR DEALINGS SUMMARY: Persimmon CEO Sells

Read more
28 Aug 2020 19:15

UK DIRECTOR DEALINGS SUMMARY: Persimmon CEO Nets Over GBP3 Million

UK DIRECTOR DEALINGS SUMMARY: Persimmon CEO Nets Over GBP3 Million

Read more
18 Aug 2020 10:50

UK WINNERS & LOSERS SUMMARY: Persimmon Leads Housebuilders Higher

UK WINNERS & LOSERS SUMMARY: Persimmon Leads Housebuilders Higher

Read more
18 Aug 2020 10:08

Stobart Aviation Services Faces Redundancies After easyJet Closures

Stobart Aviation Services Faces Redundancies After easyJet Closures

Read more
6 Aug 2020 16:48

UK DIRECTOR DEALINGS SUMMARY: XP Power Duo Sell GBP11 Million Worth

UK DIRECTOR DEALINGS SUMMARY: XP Power Duo Sell GBP11 Million Worth

Read more
30 Jul 2020 14:33

IN BRIEF: Stobart Trading In Line, Confident In Balance Sheet

IN BRIEF: Stobart Trading In Line, Confident In Balance Sheet

Read more
30 Jul 2020 10:41

Stobart focusing on recovery as it sells non-core assets

(Sharecast News) - Stobart Group said on Thursday that it was trading in line with management expectations, as London Southend Airport reopened to passenger flying and Stobart Energy was benefitting from a restart in construction work across the country, leading to increased availability of waste wood.

Read more
23 Jul 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
14 Jul 2020 20:14

IN BRIEF: Stobart Divests Rail & Civils Division Amid Losses

IN BRIEF: Stobart Divests Rail & Civils Division Amid Losses

Read more
14 Jul 2020 11:34

PRESS: Virgin Atlantic Secures GBP1.2 Billion Rescue Package - Sky

PRESS: Virgin Atlantic Secures GBP1.2 Billion Rescue Package - Sky

Read more
30 Jun 2020 18:24

UK EXECUTIVE CHANGE SUMMARY: Stobart Adds Former Luton Airport Head

UK EXECUTIVE CHANGE SUMMARY: Stobart Adds Former Luton Airport Head

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.