Former chief executive fails in bid to oust Stobart Group chair
Former Stobart chief executive Andrew Tinkler has failed in his bid to oust the company's chairman, and was thwarted in his attempt to regain a seat on the board at Friday's annual general meeting.
According to a Financial Times report, 51.2% of shareholders supported chairman Iain Ferguson's re-election at the meeting in St Peter Port, Guernsey.
However, the storm clouds hanging over the Carlisle based group show no sign of clearing.
The firm's chief financial officer Richard Laycock resigned just hours ahead of its annual g... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
