Company News
AJ Bell chief operating officer to step down
Investment platform operator AJ Bell revealed on Tuesday that chief operating officer Roger Stott will step down from the board at the end of 2024.
Hill & Smith buys US structural steel components maker Whitlow for $30.2m
Hill & Smith said on Tuesday that it has bought Whitlow, a designer and manufacturer of structural steel and substation components for the US electrical infrastructure market, for $30. 2m (£23m).
Tillbrook to step down as Alpha Group CEO, chair Kahn to take over
Alpha Group International announced on Tuesday that Morgan Tillbrook would step down as chief executive officer and director on 31 December, with Clive Kahn, the company’s chairman since 2016, to succeed him as CEO from 1 January 2025.
Praxis withdraws from potential Capital & Regional takeover
Praxis Group announced on Tuesday that it would not proceed with its potential offer to acquire Capital & Regional.
Wickes interim profits drop but trends improving
Wickes posted a drop in interim profit on Tuesday as revenues fell, but backed its profit expectations for the year as it said trends were improving.
Schroders finance chief to take over CEO role
Schroders announced the appointment of Richard Oldfield as its new group chief executive on Tuesday, effective from 8 November, pending regulatory approval.
Abrdn appoints former CFO as new boss
Abrdn has appointed its former finance head Jason Windsor as its new official chief executive, after he emerged as the "unanimous choice" to lead the investment company following the exit of Stephen Bird in May.