Echobusiness - Chairman's Return Does Not Signify an Imminent Sale
The Northern Echo › November 04, 2010
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Summary
FINANCIAL troubleshooter Ron Sandler's return to the helm of Northern Rock does not make a sale imminent, he said last night.
Mr Sandler, who led the Newcastle-based lender through nationalisation in February 2008, stepped back into the role of executive chairman yesterday, following the departure of chief executive Gary Hoffman to head-up a new bank, NBNK Investments.See the full content of this document
Extract
Echobusiness - Chairman's Return Does Not Signify an Imminent Sale
One of his first tasks was to defend the [pounds]500,000 in salary and benefits Mr Hoffman will receive from the state-owned...
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