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Carillion 'kitchen sinks' management overhaul

Carillion 'kitchen sinks' management overhaul

Shares in support services group Carillion (CLLN) took another tumble this week after the troubled company announced an exodus of senior managers. Finance director Zafar Khan is leaving with immediate effect, followed by Richard Howson, chief operating officer (COO). Mr Howson was previously chief executive, but stepped down following the group’s recent profit warning. Adam Green and Nigel Taylor, managing directors of the construction services and services divisions respectively, will leave alongside Mr Howson on 30 September. Group strategy director Shaun Carter will also exit the group by the end of the year.

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