|
|
16 Jan 2004
The announcement was followed by a press conference in which John Bowmer, the chairman, refused time and time again to answer journalists' questions, citing legal restrictions.
It was revealed that Bowmer has taken over control of the company as executive chairman, leaving group CEO Jerome Caille to manage day-to-day business.
Bowmer, who described himself as 'usually rather garrulous', told more than a hundred journalists of his 'intense frustration' at not being able to answer questions about 'the technical details of what is happening in our audit situation, details of the government investigation, the future, or things that are not yet know with certainty.'
Asked whether either Arrieta or Weber had resigned, he declined to comment, adding 'personnel issues' to the list of off-limits topics. In an earlier press statement, the company thanked both men for their years of service. It named Andres Cano, group financial controller, as interim CFO while the board works on a permanent replacement.
You may also like
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment