Hibu’s under-fire chief is set to step down

  October 17, 2013  

 

Hibu said it had not yet lined up a replacement for Pocock. Chairman Bob Wigley, a former top Merrill Lynch banker, and the other non-executives are also off, with veteran technology executive Alfred Mockett taking over from him. Pocock maintained he would be leaving after the "completion of the restructuring". Hibu has been in negotiations for months with its lenders about a £1.5 billion debt-for...

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