Menzies(John) PLC - Directorate Change
During his 19 years with the Group, Forsyth has built strong operations including the revival of the
The Board will continue to focus the business on organic growth to ensure the delivery of shorter term shareholder value.
The Board will now undertake a thorough process to appoint a new Chief Executive Officer who will prioritise growing the underlying business in what is an exciting growth market. We will work with external recruitment consultants to look at both internal and external candidates as part of this process.
In the interim
"We would like to thank Forsyth for his dedication to the Group for the past 19 years and we wish him all the best for the future.
Led by Giles, we are confident that the strong and experienced team we have in place will move the business forward in the short term. Simultaneously the Board will immediately undertake a thorough search for a new CEO, both internally and externally."
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Notes to Editors:
This information is provided by RNS, the news service of the
Quick facts: John Menzies
Market Cap: £64.5 m
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