Link: HP Bulmer FD ousted
Ric Piper, the former finance director at WS Atkins, was due to start yesterday but was told not to bother after a shock profits warning at the engineering consultancy sent its share price crashing by 72%.
Many of the problems at Atkins were down to poor financial control including the disastrous introduction of a new computer system which resulted in Piper being late in invoicing £25m of work.
He was due to receive a salary of about £300,000 which many believe will be paid out to Piper in compensation.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars