BusinessCompany NewsNon-exec lined up to chair gaming group

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.

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.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor