Neil Woodford has led a boardroom overhaul at claims handler Helphire, ousting former Tory leader Michael Howard after the company posted a series of disappointing results.
The Daily Telegraph has reported that Invesco Perpetual's Woodford was at the forefront of a group of shareholders who helped push through the changes this week following Helphire's full-year results. The shareholder unrest has led to the resignation of former Conservative party leader Howard, a non-executive director at the company. Chairman Richard Rose and fellow non-executive director Andrew Cripps have also resigned, with Autologic Holdings CEO Avril Palmer-Baunack stepping in as chairman. The trio stepped down yesterday as the accident claims handler posted a pre-tax loss of ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes