Quindell appoints new CEO

Comment on this story


IOL pic jun17 business people blue graphic

London - Quindell, a British IT outsourcing and consultancy services provider, said it planned to promote Robert Fielding, who heads its services unit, to chief executive.

The company also said adjusted earnings per share would meet full-year market expectations, and that it would post strong operating cash flow in the final quarter of this year.

The company's stock plunged last week after it could not meet the requirements for a premium listing on the London Stock Exchange.

It has been in the news since April when US-based Gotham City Research questioned the company's revenue model and profit quality. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks