Accountant to drive Stagecoach Group
Stagecoach Group has confirmed that Brian Souter, former Arthur Andersen accountant, has taken over as acting chief executive of the UK-based transport company.
The move follows the resignation of Keith Cochrane, its former chief executive.
Meanwhile Stagecoach dispelled allegations appearing in the national press that it’s Texas-based US subsidiary, Coach USA, had suffered ‘accounting irregularities’.
A company insider said the reports referred to Coach’s performance prior to it’s purchase by Stagecoach.