PracticeConsultingSudden resignation of finance director as Columbus prepares to unveil results

Sudden resignation of finance director as Columbus prepares to unveil results

Columbus Group, the publishing and mail order company, is set to reveal full details of a boardroom reshuffle which has included the sudden departure of finance director Andrew Gilchrist with its half-year results tomorrow.

Company directors have refused to comment on whether the reshuffle is a direct result of the figures – which are expected by experts to be below market expectations.

As part of the reshuffle, finance director Andrew Gilchrist has left the group by ‘mutual agreement’ – it is believed Gilchrist handed in his notice last Friday after a board meeting, with immediate effect.

Gilchrist will remain a consultant with the group as he has a contract which runs until March.Company secretary Bruce Law will act as finance director until a permanent replacement is decided upon.

Chairman Nigel Barklem has given up his executive duties and managing director Jeremy Isaac takes up the position of chief executive.

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