Stobart set to unveil turnaround specialist as new chair

Chairman Iain Ferguson
Cumbria-based Stobart Group is set to reveal turnaround specialist David Shearer as its new chairman when it announces results in a fortnight. Sky News claims Mr Shearer, who is currently chair of Newton-le-Willows equipment hire group Speedy Hire, has been chosen to replace Iain Ferguson. His appointment will end a year of internal strife in the Stobart hierarchy after a damaging battle with former chief executive Andrew Tinkler which fractured boardroom relations. Sky says Mr Shearer's appointment is expected to be part of ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...