In 2012, Bibby training subsidiary System Training recorded a shock pre-tax loss of £7.5m, pushing its parent Bibby Distribution Services (Holdings) into a £4.6m loss.In 2013, System’s operating losses were cut to a “marginal” £500,000, and in its annual report Bibby said the business was now “more streamlined and focused” and that work was continuing to return it to profit. Overall parent Bibby Group has now restructured its business, with Bibby Distribution renamed Bibby Supply Chain Services and System Training […]
Bibby Supply Chain Services chief executive Iain Speak is to leave the business at the end of this year to form his own consultancy.
Richard Morson, the former finance director at Norbert Dentressangle, has joined Bibby Distribution in the same, newly-created, role. Bibby has created a finance director position to strengthen its senior management – Morson was also formerly group financial controller at TDG and has 11 years experience in the industry. “[Morson] is an advocate of the importance of finance as a value added service to the business through active business partnering,” said Paul Cullingford, chief financial officer at Bibby. “He also has […]
The RHA has met with business secretary Vince Cable to highlight the impact the current driver shortage is having on the economy and how it could be addressed.