ONLINE retailer The Hut has lost its finance director after he quit because the company cancelled its planned flotation for later this year.
Paul Meehan resigned after a year with The Hut, according to the Independent. The Hut has the backing of a raft of top business names including former M&S chairman Sir Stuart Rose and former chief executive Sir Terry Leahy.
Reports suggest that a flotation is on hold but remains a long-term aim of the company which has recently raised new funding.
The finance chief of the Daily Mail has been recruited by Rolls-Royce after a management shake-up at the engineering group has resulted in the departure of its chief financial officer
Global mining company Anglo American has appointed Stephen Pearce as finance director, following René Médori's decision to retire
Three former Tesco executives, including the former finance director of Tesco UK, have denied charges of fraud and false accounting in relation to a £326m accounting scandal at the supermarket
The majority of finance bosses want to reach the position of chief executive, according to new research from Robert Half