New-look GUS gets finance director
Tuesday 25 February 1997
The new man is David Tyler, 44, who joins from Christie's International. Mr Tyler had been finance director at the auction house since 1989 after spells with Unilever and County NatWest.
GUS's last finance director, Trevor Spittle, left in 1987. Since then the pounds 6.8bn company, which also owns Burberry and Scotch House, has had no designated finance director on its 12-strong board. It is almost certainly the only FTSE 100 company that has felt it could do without such a function.
It is understood that prior to his move to the honorary presidency last year, the former chairman, Lord Wolfson of Marylebone, used to fulfil the finance function.
But with GUS becoming more active in the corporate arena following last year's pounds 1bn acquisition of Experian, the US data company, a more traditional board structure has become more appropriate.
"The company didn't have a finance director but Lord Wolfson decided it was time they had one," GUS said yesterday.
There were two other boardroom appointments at GUS yesterday. Also of key significance is David Bury, 54, who becomes commercial director and treasurer after joining GUS in April. He will have a roving brief at executive level with responsibility for strategy. It is also likely that he will play a key role in acquisitions. Louise Patten, 43, a former partner at Bain & Co, the strategy consultants, joins as a non-executive director.
- 1 Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
- 2 Number of young homeless people in Britain is 'more than three times the official figures'
- 3 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
- 4 Right to die: Belgian doctors rule depressed 24-year-old woman has right to end her life
- 5 The biggest first date turnoff has been revealed
Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
Number of young homeless people in Britain is 'more than three times the official figures'
Van driver who comforted Clark Carlisle and called 999 after suicide attempt dies age 24
Greece debt crisis explainer: A history of just how the country landed itself in such a mess
Greece debt crisis referendum: Greeks want to vote No to austerity – but Yes to Europe
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
More Britons believe that multiculturalism makes the country worse - not better, says poll
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
iJobs Money & Business
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...