BusinessCompany NewsNew FD at logistics group

New FD at logistics group

Logistics group Christian Salvesen has officially named Julian Steadman as its new finance director.

Link: For more companies news

Steadman had been in the post since July after the departure of Peter Aspden.

Chairman David Fish said Steadman had ‘made a significant contribution’ in the short time he had been the interim finance director.

He was appointed following widespread shareholder unhappiness with senior management.

During the summer, the company announced its fourth profit warning over an 18-month period, a dividend cut and full-year losses.

Aspden left a few weeks later after more than 30% of shareholders either abstained or voted against his re-election as finance director.

Steadman, who has been given a 12-month contract, told the Financial Times newspaper: ‘This is a challenging time for the whole company and for the industry as a whole.’

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

12m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor