Carillion shares slump as chief executive quits after profit warning
The chief executive of construction and support services group Carillion has resigned with immediate effect after the Wolverhampton business revealed its performance is likely to be way below expectations.
Carillion announced that Keith Cochrane would become Interim Group Chief Executive, while a search is undertaken for a permanent successor to Richard Howson.
The company announced Howson would stay with the group for a period of up to one year to support the transition.
The announcement had an immediate impact on the busine... 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...
