Friday 18 August 2017

Carillion crisis chief Richard Howson returns to helm

Former Carillion chief executive Richard Howson is back in a senior management role at the business just weeks after stepping down when the firm unearthed an £845m contract black hole.

Howson stepped down immediately when the massive profit warning sent shock waves through the industry last month.

But the Carillion website has Howson listed as the company’s chief operating officer as part of its leadership team.

It states: “Richard served as the chief operating officer from September 2010 to 31 December 2011 and has now resumed that role having been group chief executive in the interim.”

Howson was replaced by interim chief executive Keith Cochrane while a search for a permanent replacement continues.

Howson will still be leaving the business next year and will be working to ensure a smooth transition to the new management team.



from Construction Enquirer http://www.constructionenquirer.com/2017/08/18/carillion-crisis-chief-richard-howson-returns-to-helm/

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