Newsflash - Brockwell takes helm at ACCA
ACCA has named John Brockwell as its new president today following a sensational no-confidence vote in president-elect Ray Gardiner this morning
Gardiner was unseated after the association’s ruling council voted 25-10 to support the motion removing him from the running.
He should have taken up his post as the natural successor to Michael Foulds but was forced to stand down over his role in a disciplinary case involving guilty Robert Jackson, the council member who was found of backdating Norwich Union policy applications in order to get free shares.
An agreed statement released after the council meeting said the vote had been taken ‘following discussion of various corporate governance issues’. Neither Foulds nor chief executive Anthea Rose were prepared to comment on the move, despite angry questions from members during the 6 May agm.
Former council member Anthony Thomas said: ‘I suggest that the vote of no confidence should really have been taken against those who voted for his removal.’
It is unclear whether Gardiner will remain on the council after Brockwell takes over as president. Moyra Kedslie, senior lecturer at the Hull University, becomes deputy president.
Analysis and reaction in Accountancy Age on 13 May