Simon English: Was charmer McNeile sleeping on the job?
Friday 23 March 2012
Outlook A few days ago, the charming and loquacious Lindsay McNeile was on the phone to assure me that rumours of anything untoward occurring at WorldSpreads were well off the pace.
The chief executive Conor Foley had moved on with immediate effect simply because he's an entrepreneurial guy with itchy feet. Otherwise, everything was tickety-boo.
Mr McNeile was stepping up from chairman to executive chairman with reluctance. It would be temporary.
He asked if I could help dispel one other rumour: that the word "executive" implied "full-time". He wasn't really expected to turn up every day, was he?
Mr McNeile is hugely likable (no one I've asked says otherwise). But in light of his firm's sudden collapse into administration, with rumours of fraud circling, his comments do take on a different identity.
Being relaxed and hands-off is an awfully appealing approach. The accusation against Mr McNeile is that he was also asleep at the switch.
- 1 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Driving while dehydrated can be just as dangerous as drink driving, study suggests
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
- 5 One Direction: Louis Tomlinson launching his own record label, has already 'signed two acts'
Isis video purports to show beheadings and execution at gunpoint of 30 Ethiopian Christians and destruction of churches in Libya
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Driving while dehydrated can be just as dangerous as drink driving, study suggests
Ben Affleck asked TV chiefs to hide slave-owning ancestry, new hacked Sony emails published by Wikileaks claim
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...