ANDREW Richardson, the managing director of Johnston Press’ Scottish operations, has left the company, it was announced yesterday.
Richardson joined the group – which publishes newspapers including The Scotsman, Scotland on Sunday and the Edinburgh Evening News – more than five years ago and has been in charge of its Scottish publishing unit for the past two-and-a-half years.
Neil Jones, group commercial and marketing director at Johnston Press, said: “We wish Andrew well for the future and thank him for his significant contribution to the business.”
Investment body hires Jack Perry
FORMER Scottish Enterprise chief executive Jack Perry was yesterday appointed as a non-executive director of Capital for Enterprise, the UK government investment body that manages its stakes in small firms.
Heleen Kist, chair of Scottish Innovations, the organisation set up to commercialise inventions from NHS Scotland, has also joined as a non-executive director.
Business minister Michael Fallon said: “The appointment of Heleen Kist and Jack Perry confirms that we are committed to helping small businesses realise their growth potential.”
Falling profits dent Interbulk boss’s pay
Interbulk chief executive Koert van Wissen saw his total pay package tumble by more than a quarter last year, following a 9 per cent drop in pre-tax profits at the East Kilbride-based haulage firm.
The company’s annual report shows van Wissen’s remuneration dropped to £264,559 in the year to 30 September, from £357,384 the previous year. His performance-related incentive payments plunged to £8,141 – from £91,087 last time – as tough conditions hit demand across the European chemicals sector and pre-tax profits fell to £4.9 million.
Lloyds axes 170 posts at Halifax
LLoyds Banking Group yesterday revealed a further
170 job cuts at its Halifax-branded branches.
The bank said the latest cuts were part of its previously announced “strategic review” that will eventually lead to thousands of job losses across the bank’s operations, which include Bank of Scotland and Scottish Widows.
A spokeswoman for the bank said affected staff would be offered voluntary redundancy, with compulsory redundancies a “last resort”. She added that all affected employees were briefed by their line manager yesterday.
