Firstgroup (GB:FGP) has released an update.
FirstGroup plc announces the upcoming retirement of Chairman David Martin, who has led significant strategic changes, including the sale of North American businesses and a strong return of value to shareholders. Under Martin’s leadership, the company refreshed its Board, reduced pension liabilities, and reinstated dividends, resulting in a substantial profit increase in FY 2024. The search for a new Chairman is underway, headed by Senior Independent Director Peter Lynas.
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