BusinessCompany NewsJessops CEO follows FD out the door

Jessops CEO follows FD out the door

Chris Langley departure follows Ian Harris

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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