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Robin Ashton - Fired!
Topic Started: Nov 14 2006, 12:09 PM (96 Views)
whistleblower
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14 Nov 2006
BOARD CHANGE AT PROVIDENT FINANCIAL

Board change

The Board of Provident Financial announces today that Robin Ashton will be stepping down from the Board as Chief Executive by mutual agreement at the end of 2006. Thereafter he will assist the Board as required before leaving the Group in April 2007. The Board wishes to thank him for his dedication and hard work and wishes him well for the future.

From the end of the year, the Company’s three executive directors will report directly to the Chairman, John van Kuffeler, until the demerger of the International Division takes place...

Provident PLC
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whistleblower
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Provident Financial CEO Robin Ashton to resign at end of 2006 UPDATE


LONDON (AFX) - Sub-prime lender Provident Financial said its chief executive, Robin Ashton, is to step down 'by mutual agreement' at the end of the year.

The company said Ashton's departure is amicable, adding that it paves the way for wider management changes as it proceeds with a planned demerger of its international division from the core UK arm in the spring of 2007.

'We had a tough few years due to external matters such as Poland and the Competition Commission enquiries, and I sat down with Robin and discussed where we were, and we both agreed a fresh approach was desirable,' Provident Financial chairman John van Kuffeler told AFX News in a telephone interview.

www.forbes.com
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<img src="http://www.tqlkg.com/image-2359542-10366647" width="1" height="1" border="0"/>

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<FONT COLOR=RED>Vanquis credit card is owned by provident Financial.Typical 39.9% APR variable Say No! </FONT>

Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
.

James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
******************************************
Advice & opinions of the 'saynotoyes' team are offered informally, without prejudice & without liability.
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Bakedalasker
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"Mutual agreement", "Fresh approach". :blink:

He got the sack. nod
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whistleblower
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Provident Financial chief to step down

Times Online November

Provident Financial chief to step down
By Miles Costello

The chief executive of Provident Financial, Robin Ashton, is to step down from the board of the doorstep lender at the end of the year "by mutual agreement", just three months before it pursues a crunch separate listing for its fast-growing international business.

Mr Ashton, who had been in the job for five years, leaves the company entirely next April, shortly after the break-up is due to take effect. Provident said Mr Ashton will "assist the board as required" in the intervening period...

http://business.timesonline.co.uk


<a href="http://www.dpbolvw.net/click-2359542-10365649" target="_top">
<img src="http://www.awltovhc.com/image-2359542-10365649" width="120" height="60" alt="" border="0"/></a>

Applying for car finance? <a href="http://www.kqzyfj.com/click-2359542-10366647" target="_blank" onmouseover="window.status='http://www.creditexpert.co.uk';return true;" onmouseout="window.status=' ';return true;">View your Experian credit report online for FREE</a> and see what lenders will see
<img src="http://www.tqlkg.com/image-2359542-10366647" width="1" height="1" border="0"/>

Posted Image
<FONT COLOR=RED>Vanquis credit card is owned by provident Financial.Typical 39.9% APR variable Say No! </FONT>

Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
.

James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
******************************************
Advice & opinions of the 'saynotoyes' team are offered informally, without prejudice & without liability.
Use your own judgment. Seek advice of a qualified insured professional if you have any doubts
******************************************
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