CA takes dual roles at Gowrings
Chartered accountant Derek Coulson has been named as chairman of Gowrings, on top of his current role of chief executive.
Link: Split in FSA leadership likely
The company, which quit its motor dealerships to concentrate on its Burger King franchise last year, could come under criticism because many companies have been splitting the two roles in order to improve corporate governance.
Coulson defended his companies approach saying that a small board of four directors is appropriate for a small-cap company.
Coulson’s first task will be to turn around the fledgling Burger King operations, and he has not ruled out the acquisition of ‘other fast-food restaurant businesses in the next twelve months.’