The Channel logo

News

By | John Oates 28th September 2006 13:53

Morse boardroom shuffle detailed

New divisions mean new board

Morse has updated the Stock Exchange on the results of its restructure - announced when the company published its preliminary results.

The group's activities will be divided into two businesses - Core Morse and Monitise - overseen by a holding company.

The group board will be headed up by non-exec chairman Richard Lapthorne. Duncan McIntyre stays on as group CEO and Eric Dodd is joining the board as finance director. The three non-exec directors remain Derrick Nicholson, Nigel Whitehead, and Colin Tucker.

McIntyre will be executive chairman of both Core Morse and Monitise. David Beresford, who is stepping down from the board, will be a "key member of the small senior executive team at Core Morse, led by Kevin Alcock.

Bill Passmore is retiring in November and Phil Coll will leave the board in January 2007 but keep working full-time until September. ®

alert Send corrections

Opinion

Memristor_wafer

Chris Mellor

Execution warrant close to being signed for Fink's folly
Woman cuddles 'sly-looking' Fennec fox. Photo by Shutterstock
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Frank Jennings

It's not like my boss painstakingly nurtured the contacts, right?

Features

Girl and computer, photo via Shutterstock
Middle-class terror of engineering also part of problem
Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world