Job security? G4S boss Nick Buckles faces grilling from MPs

 

Nick Buckles, the beleaguered chief executive of G4S, will be cross-examined by MPs today over the Olympics security fiasco. He faces a daunting challenge to hold on to his post.

Mr Buckles is expected to remain in the job until after the Olympic Games – but then bow out to allow the security giant to rebuild its shattered reputation.

G4S has seen more than £400m wiped off its market value in recent days as the questions have piled up over how it could have so miscalculated the logistics of protecting the world's biggest sporting event. Mr Buckles can expect a tough time when he appears before the Commons home affairs select committee today – not least because he has described his leadership style as "no excuses please".

For the first time he will detail exactly when the company knew it would not be able to deliver on its bold promises – and when it raised the alarm with ministers.

The Olympics saga is his second recent setback: last year G4S faced embarrassment and heavy costs when its £5.2bn plan to take over the cleaning giant ISS fell through.

Mr Buckles – the Essex-born son of a policeman and a dinner lady – entered the security business 25 years ago only because Securicor offered him a Ford Escort to go with a trainee post.

He worked his way up to the role of chief executive by 2002, then led Securicor's merger with Group 4 Falck in 2004 and became G4S's chief executive the year after.

Now he earns £1.2m a year as the head of the international giant, which has operations in 125 countries and more than 650,000 employees.

He said this week that he was worth his pay package "99 per cent of the time", but asked whether he would get a bonus this year, replied: "It doesn't look like it, does it?"

As well as leading G4S, Mr Buckles is the current chairman of the Ligue Internationale des Societes de Surveillance, which describes itself on its website as "an association of private security organisations throughout the free world".

Mr Buckles, 51, who says his business hero was Margaret Thatcher and has called on the Conservatives to focus on traditional Tory values, is an avid runner, regularly competing in the London marathon.

He played amateur football to a high standard in his younger days and is a keen West Ham fan.

Mr Buckles, who names his favourite possession as his mobile phone, has admitted: "I can't say I have ever read a book."

Sport
The sun rises over St Andrews golf course, but will it be a new dawn for the Royal and Ancient Golf Club?
sportAnd it's Yes to women (at the R&A)
Arts and Entertainment
Liam Neeson said he wouldn't
tv

Liam Neeson's Downton dreams

Sport
A 'Sir Alex Feguson' tattoo
football

Arts and Entertainment
A spell in the sun: Emma Stone and Colin Firth star in ‘Magic in the Moonlight’
filmReview: Magic In The Moonlight
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksAn unforgettable anthology of contemporary reportage
Voices
voicesApple continually kill off smaller app developers, and that's no good for anyone
Arts and Entertainment
Ben Whishaw is replacing Colin Firth as the voice of Paddington Bear
tv

Thriller is set in the secret world of British espionage

Life and Style
life

News
ScienceGallery: Otherwise known as 'the best damn photos of space you'll see till 2015'
Life and Style
fashion

Bomber jacket worn by Mary Berry sells out within an hour

Travel
travelWhy Japan's love hotels are thriving through an economic downturn
Arts and Entertainment
Rapper Jay Z performs on the Pyramid Stage at Glastonbury in 2008
musicSinger sued over use of the single-syllable sample in 'Run This Town'
Life and Style
Alexander McQueen A/W 2014
fashionPolitics aside, tartan is on-trend again this season
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Volunteer your expertise as Trustee for The Society of Experimental Biology

Unpaid Voluntary Position : Reach Volunteering: Promising volunteer Trustee op...

Email Designer

£30000 - £35000 Per Annum: Clearwater People Solutions Ltd: Our client is curr...

Psychology Teacher

£110 - £130 per hour: Randstad Education Reading: Psychology Teacher needed fo...

Food Technology Teacher

£85 - £120 per day: Randstad Education Cheshire: Randstad Education are curren...

Day In a Page

Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week