At the core of the showdown at the recent Stobart Group (STOB) annual meeting was the dilemma that many companies face: how to control a dominant chief executive. As the chairman, Iain Ferguson, says in the 2018 annual report: “Under Andrew Tinkler’s leadership, the business powered through a period of organic growth and clever business diversification.” Praise indeed, but it has been far from an easy ride.
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No Free Lunch
On the brink
What does it take to entice a senior executive onto a floundering ship?
Paul Jackson