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.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast