BusinessCompany NewsEx-Carphone Warehouse director resigns from Big Yellow Group board over share scandal

Ex-Carphone Warehouse director resigns from Big Yellow Group board over share scandal

Chartered accountant quits after failing to declare he used company shares as backing for a personal loan

David Ross, the entrepreneur and chartered accountant, has resigned from a
fourth company over a shares scandal.

Ross has resigned as a director of Big Yellow Group after failing to declare
nearly 11.5m shares in the storage company as collateral for personal loans.

Ross, who began his career at Arthur Andersen, has already resigned from
Carphone
Warehouse
, and
National Express,
a bus operator, and Cosalt, a marine
safety equipment maker, after failing to declare that he had used stakes in the
companies as backing against personal loans.

‘It is with sadness that we have accepted David’s resignation,’ Big Yellow
Group chairman Nicholas Vetch said in a statement. ‘He joined the board in March
2000 at the time of our IPO and has provided tremendous support to me and has
helped us steer Big Yellow over the past eight years. I and the rest of the
board will miss his valued guidance and experience and wish him well for the
future.’

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

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

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor