BusinessCompany NewsNew FD at Hogg Robinson ‘imperative’

New FD at Hogg Robinson ‘imperative’

Credit Suisse analysts urge travel company to bring in finance chief with strong investor relations skills

Analysts at Credit Suisse have called on Hogg Robinson, the troubled
corporate travel group, to revamp its executive team if it is to restore
management’s credibility.

The investment bank said it was “imperative” that Hogg Robinson appoints a
new finance director with strong investor relations skills, reports
The
Daily Telegraph
.

The company’s shares fell 25 per cent following a profits warning two weeks
ago. 

Hogg Robinson had hired Colin Child to take over as finance director from
John Kennerley, who had planned to retire this month, but announced in June that
he would not be joining the company.

A spokesman for Hogg Robinson said that the search for a new finance director
was ‘ongoing’.

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