ATS chief exits firm after seven years

Following £1.5m loss

Hannah Godfrey
clock • 1 min read

Alliance Trust Savings (ATS) chief executive Patrick Mill is leaving after seven years at the firm.

Mill (pictured) is being replaced with chairman Ron Baxter as an interim measure. The news of Mill's exit was confirmed in a statement on Thursday afternoon. Earlier this year, ATS came under fire when it suffered a £1.5m loss amid re-platforming delays. The platform is currently undergoing a major platform technology change from its in-house technology to an external provider GBST.  Baxter started working for ATS in September 2017. In addition to his chairman duties, he will assume the role of acting chief executive. He is a former senior adviser at both the Financial Conduct A...

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