Non-exec lined up to chair gaming group
Investor pressure could force greyhound racing and gaming group Wembley plc to appoint an accountant as its new executive chairman.
Investor pressure could force greyhound racing and gaming group Wembley plc to appoint an accountant as its new executive chairman.
Link: Chisman: Directors need training too
According to the FT, Wembley is facing calls from Fidelity and Schroders, which together own 24.5% of the company for Claes Huttman, the incumbent executive chairman to stand down and be replaced, by Neil Chisman, currently a non-executive director at the group.
This call comes as two senior executives in the US face criminal charges. The company said it would take a £2.5m charge to reflect legal costs of the US lawsuit, but said last week the allegations were ‘without foundation and the two executives continue to have its full support’.
Chisman was, up until October 2002, a member of the Financial Reporting Council and was also finance director of Stakis plc, the hotel and casino operator.
Speaking to Accountancy Age, Chisman declined to comment.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article