Jessops CEO follows FD out the door

by Accountancyage.com

28 Sep 2007

  • Comments

Chris Langley departure follows Ian Harris

Photography retailer Jessops, still reeling from the loss of its finance director, has been hurt further with the departure of its CEO Chris Langley.

This follows reports in April that business recovery specialists from PricewaterhouseCoopers had been called in to examine various options for the company which has lost than 90% of its market value over the past year,

In the last 12 months Jessops, has issued three profits warnings.
Yesterday in a trading update it said that its restructuring was on track, although it admitted it had found a further £1.8m of stock to be cleared, in addition to the £15.2m already identified.

Further reading:

Jessops FD steps down

PwC called in at Jessops

Visitor comments

blog comments powered by Disqus
display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit
  • Send

Finance Director

The Co-operative 120x60The Co-operative Academies Trust - Manchester - £65k - £75k per year + excellent benefits

 

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

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

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.