Ferguson Lands $3M Ambassador Deal Swindon Town Sign Ticketmaster Deal Reyna Appointed MLS Director CL Sponsors To Break With Tradition Championship Clubs Want Safe-Standing RSA President Calls For Stockbridge Exit CAS Rejects Murofushi's Appeal Olympic Notes Man City Confirms Nike Kit Deal EPL Attendance Up 4%
Currency Converter
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
| From: | |
| To: | |
Upcoming Conferences and Events
SBD Global/September 28, 2012/Olympics
G4S Security Firm Execs Awaiting Fate In Review Of Olympics 'Failure'
Published September 28, 2012
Execs from security firm G4S will "come under pressure" on Thursday when the board meets to discuss its failure to provide the 10,400 guards commissioned for the London Games, according to Gill Plimmer of the FINANCIAL TIMES. G4S is due to discuss a review of the "high-profile failure," commissioned by the board and carried out by PricewaterhouseCoopers. So far, investors have backed CEO Nick Buckles, who has delivered annualized shareholder returns of 14% since '04. However, COO David Taylor-Smith and Head of Global Events Ian Horseman Sewell are thought "to be less secure." Pressure increased last week by a House of Commons report which "laid the blame for the debacle firmly with the company" (FINANCIAL TIMES, 9/27).
Return to top
