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.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016