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Interserve Chief, Debbie white quits. The Chief Executive Officer of Interserve, Debbie White is stepping down from her role after tumultuous two years at the helm of affairs of the organization.
Interserve CEO.
Photo Credit : Wall Street
She has been criticized for taking bonuses when shareholders lose out, with about 16,000 shareholders losing their investment in the company.
Debbie White said: “The past two years at Interserve have been the most demanding of my professional career. As a management team, we fought to deliver a financial platform for the business from which it can move forward.”
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Interserve Chief, Debbie White Quits
The Chairman of Interserve, Alan Lovell praises the departing CEO by saying: “She leaves with the greatest respect of the board”.
Interserve fell into administration when its largest shareholder, US Hedge Fund, Coltrane led a rebellion against the financial rescue plan prepared by the lenders to the company.
The City now expects the company to break up, with the Chief Executive roles shared among the Heads of the three business divisions.
https://news.sky.com/story/interserve-chief-white-to-step-down-after-rescue-restructuring-11861454
Interserve Chief, Debbie White Quits
