(Accountancy Age) Tony Pearman has been announced as Manganese Bronze’s new FD, taking the post with immediate effect.
Pearman is promoted from financial controller, a role he served for seven years at Manganese. He previously held senior positions at London Taxis International and LTI Carbodies.
The company has had a rough ride in recent months. Manganese has struggled to secure extra funding from shareholder Geely, while its share price has plummeted due to poor sales. However, Q3 2010 sales saw a slight improvement year on year.
The cab-maker’s share price held steady in the first hour of trading on news of Pearman’s appointment, at 73.5p.
Join Financial Director, Oracle and a host of ‘Fast Data’ experts to discover how financial professionals can help create a Fast Data business
Wolseley is to cut up to 800 UK jobs and close around 80 branches costing the company about £100 million, the plumbing and heating supplier said on Tuesday despite reporting rising sales and profits
GoCompare is to demerge from esure and and be floated on the London Stock Exchange with the aim of boosting growth and performance
Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud in relation to a £263m accounting scandal at the supermarket chain