Trinity Mirror FD loses job before it begins

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.

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