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WH Ireland chief quits

Chief executive Paul Compton steps down with immediate effect and shares in the private wealth management and stockbroker collapse 32 per cent on the news
December 13, 2012

Shares in WH Ireland (WHI) plunged by a third to 50p after chief executive Paul Compton resigned with immediate effect. As a result, Richard Killingbeck - currently head of private wealth management - will become acting chief executive with the assistance of chairman Rupert Lowe. Mr Killingbeck joined the company only last month.

IC TIP: Sell at 57p