Halfords: Departing CEO gets golden goodbye July 29, 2025 The departing chief executive of Halfords saw his pay more than double as the company clocked a statutory £30m loss in the year before he stepped down. Graham Stapleton took home a pay packet of £1.5m for the firm’s latest financial year, up from the £650,440 he received in the prior 12 months. Stapleton had [...]
Thameslink boss steps down after less than two years July 21, 2025 The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]
Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
B&M swaps one tax haven for another June 19, 2025 B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]
DWF: Sir Nigel Knowles to retire as new CEO named June 16, 2025 Sir Nigel Knowles, the chief executive of legal services giant DWF, is to step down from the role after five years, it has been revealed. The CEO will retire from the position he has held since May 2020 on 1 August but will remain with the firm as a senior advisor. He will be succeeded [...]
WPP boss Mark Read to step down June 9, 2025 WPP’s chief executive Mark Read will step down at the end of this year after the advertiser’s shares hit a four-year low earlier this year amid global economic headwinds and the rise of AI across the sector. Read departs after more a 30-year stint at the London-listed advertising group, of which seven were in the [...]
Gatwick: Boss of worst airport for flight delays promoted May 30, 2025 London Gatwick Airport has named a new top boss after its long-serving chief executive was promoted to a newly created position. Stewart Wingate has served as the airport’s CEO for the last 15 years but has now been named as managing director, UK airports, for Vinci Airports and Global Infrastructure Partners. Vinci Airports owns a [...]
Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
Rio Tinto: Chief executive of FTSE 100 giant to step down May 22, 2025 Rio Tinto’s chief executive Jakob Stausholm will step down after more than four years leading the FTSE 100 mining giant, it has been announced. The London-listed firm said a “rigorous selection process” had already begun, with Stausholm remaining in the top job until a successor is found. No reason for the exit has been given. [...]
B&M appoints ex-Tesco executive as new CEO May 15, 2025 Household goods retailer B&M has appointed ex-Tesco executive Tjeerd Jegen as its new CEO. Jegen will succeed Alex Russo, who joined the company in 2020 and was promoted to the top job in 2022. Group CFO Mike Schmidt will continue to lead the business until 16 June. Liverpool-headquartered B&M announced Russo’s departure in February this [...]