Jessops CEO follows FD out the door


28 Sep 2007

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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

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