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 made a “solid” start to its financial year despite a cold and wet June followed by the July heat wave causing volatility in its retail distribution business.
Anoop Kang is to become the new chief financial officer (CFO) at Eddie Stobart Logistics (ESL) from 1 April, the operator announced today (15 February).
Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the majority of the Eddie Stobart transport business has progressed well, the restructuring of the chilled business alongside bad simmer weather has resulted in losses. Stobart, […]