Stobart’s under fire chairman to step down as embattled firm moves to heal wounds
Strife-torn Stobart Group has moved swiftly to heal the wounds after last Friday's damaging annual general meeting in Guernsey, with pledges to bolster its boardroom and work closely with investors to get the group back on an even keel.
Part of the plan will see chairman Iain Ferguson step aside to make way for a new chairman.
The Carlisle based firm has been gripped by an extraordinary boardroom battle which has seen threats of legal action, sackings and accusations of bullying. At one stage there was even an intervention from ... 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...
