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GKN cans chief executive designate

The UK engineering group has parted ways with its chief executive designate, as further mismanagement comes to light in its US aerospace business
November 16, 2017

Shares in GKN (GKN) headed south after the UK engineering group reversed its decision to appoint Kevin Cummings as chief executive designate, and highlighted problems in its North American aerospace division, which was run by Mr Cummings.

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