Tuesday, 24 November 2009

A turn up for the books

I see William Hill FD, Simon Lane, has left the bookmaker just a few weeks after its bond issue.
That's a nice touch. Presumably the decision to part company must have been made in the past few days, otherwise I'm sure the company would have let investors know about the switch when making representations during the fundraising.

Update 24/11/09, 15:10: Simon Lane attended the bond presentations yet failed to mention his job move. Says one investor: "They should really have delayed the process until they had a new finance director. He didn't answer many questions and didn't give out his [business] card." Shoddy.

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