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John Samuel quit the job he had held for 13 years at Filtronic, a supplier to the mobile phone industry, to join semiconductor supplier Zetex.
David Rhodes, Filtronic’s founder and executive chairman, expressed surprise at the move, for which he said there was ‘no reason as far as the company is concerned’.
Samuel was credited with restoring Filtronic’s finances following problems brought about by over-stretch, due to acquisitions.
The company’s share price fell at Friday’s news by around 4% to 298p. By Monday lunchtime they stood at 299p
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements
Charles Tilley's departure from CIMA leaves the accounting world quieter, but his institute with an exciting foundation