Mike Ashley is not Father Christmas, nor an accountant, nor an employment specialist. On these points the founder and majority shareholder of Sports Direct was adamant during the advertised “grilling” by MPs that turned out to be a light toasting.
The new chairman of Alliance Trust has pledged to get women on to its all-male board after a turbulent year for the Dundee investment firm, which reported a fall in 2015 profits.
Alliance Trust has upped its dividend for the 49th year in a row, shrugging off one of the most turbulent periods in its 128-year history.
Alliance Trust has appointed Lord Smith of Kelvin as its new chairman, following a shake up of its senior team last year.
Katherine Garrett-Cox is to step down from the board of Alliance Trust, one of the UK’s oldest investment firms, but continue as the chief executive after a long battle with an activist investor.
So much for Katherine the Great.
Alliance Trust, one of the UK’s oldest investment firms, has reached an 11th-hour compromise with its rebel investor Elliott Advisors, which had been pushing for change at the company.