General Electrical Co Plc, GEC, finally confirmed the worst-kept corporate secret in months – that managing director Lord Weinstock will be succeeded by Lucas Industries Plc chief executive George Simpson as soon as Simpson is free to take up the position – which is not expected to be until autumn. Lord Weinstock will retire from […]
General Electrical Co Plc, GEC, finally confirmed the worst-kept corporate secret in months – that managing director Lord Weinstock will be succeeded by Lucas Industries Plc chief executive George Simpson as soon as Simpson is free to take up the position – which is not expected to be until autumn. Lord Weinstock will retire from the board but has been offered the honorary post of chairman emeritus.
