William Stobart has stepped down as a director of the business that bears his surname ahead of its float on the stock exchange on the 25 April. William Stobart is one of four directors to step down at Eddie Stobart Logistics, alongside Ian Duncan, Saki Riffner, and Ben Whawell. Four new directors have been appointed, including chief executive Alex Laffey, chief financial officer Damien Harte and Philip Swatman as an independent non-executive chairman. Stephen Harley has been appointed as a […]
Stobart Group has completed the partial divestment of its transport division.
Supermarket giant Tesco has appointed Andrew Woolfenden as its new UK distribution director, following the naming last week of former incumbent Alex Laffey as chief executive of Eddie Stobart.
UK logistics is pretty much a private, and foreign, affair. The operators sitting at the top of the MT Top 100 are German, Swiss, Dutch , French and American. Looking at UK-based firms, very few sit on the London Stock Exchange (LSE). The number of UK logistics firms turning to the City as a means of investment has dwindled, ever since the Malcolm Group withdrew its listing in 2005. Last month Autologic was struck of the list after fellow publicly-listed […]