Stagecoach Chairman to step down

View original Stagecoach Chairman to step down

As reported by the Telegraph, Sir Brian Souter will stand down as Chairman at the end December after the transport company reported a decline in profit and revenues for the six months to October. He is set to be replaced by Ray O’Toole, who is already a member of the company’s board. Souter is the second-biggest shareholder in Stagecoach with a 15.8% stake.

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