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...The chief executive of Aberdeen Asset Management, who is a graduate of the university, succeeds Sir Moir Lockhead, the co-founder and former chief executive of First Group, the transport company....
...Investors remain supportive of Tim O’Toole, chief executive, who took the helm in late 2010 when the company’s founder, Sir Moir Lockhead, retired....
...Sir Moir Lockhead, chief executive of FirstGroup, is to retire after 21 years at the helm of the bus and rail operator....
...The succession plan echoes that announced last month by FirstGroup, the rival bus and rail group, where Sir Moir Lockhead is handing over to Tim O’Toole, a former London Underground managing director....
...This may force the US-born chief executive to take as big a leap of the imagination as his predecessor Sir Moir Lockhead, who transformed a small Aberdeen bus service into the modern transport group....
...We regret to announce As a business commentator, allow me to hail Sir Moir Lockhead for his 21 years at the controls of FirstGroup and applaud the board for planning a smooth transition to his successor...
...Lockhead, chief executive....
...But Sir Moir Lockhead, chief executive of FirstGroup, which runs the service, is optimistic that a deal with unions will come this week....
...The news came as Sir Moir Lockhead, chief executive of FirstGroup, the biggest US school bus operator, ruled out another bid for National Express ....
...“The board of FirstGroup has considered its position in light of these uncertainties and now believes it would be inappropriate to consider a formal offer at this time,” said Sir Moir Lockhead, deputy chairman...
...Sir Moir Lockhead, chief executive of FirstGroup, said: “For 95 years, Greyhound has been an icon of American life, carrying millions of people across the USA and Canada....
...When Sir Moir Lockhead, chief executive, applauded his team for “really getting down to delivering a cost change”, he meant cuts to overheads and management, not frontline staff. Wrong kind of snow....
...Mr Finch had been tipped as a possible successor to Sir Moir Lockhead, the 63-year-old chief executive of First Group, prompting speculation about Mr Carr’s future....
...Moir Lockhead, chief executive, said: “We’re not sure what’s going to happen in the next 12 months, and like the rest of the industry we are being prudent.”...
...Sir Moir Lockhead, chief executive, highlighted the group’s better-than-expected progress in integrating the North American businesses with Laidlaw, which owned Greyhound, the bus company, and a substantial...
...Sir Moir Lockhead, FirstGroup chief executive, thinks Greyhound has turned the corner....
...Sir Moir Lockhead Sir Moir Lockhead, chief executive and deputy chairman of Aberdeen-based FirstGroup, was knighted in June for his achievement in building a formerly council-owned regional bus company...
...But while even victorious American politicians hesitate to claim near-immunity to the downturn, FirstGroup boss Sir Moir Lockhead makes a strong case....
...Even victorious American politicians would hesitate to claim near-immunity to the coming downturn, but Sir Moir Lockhead, FirstGroup’s chief executive, makes a strong case....
...Moir Lockhead, who transformed FirstGroup from a regional bus company into Britain’s leading rail and bus operator, also received a knighthood....
...Moir Lockhead, chief executive, said the move should create “sufficient headroom in the balance sheet” to continue bolt-on acquisitions in a fragmented US school bus operator market....
...Moir Lockhead, chief executive, said trading in the second half had started well. However, the period will include “significant” non-recurring costs for the integration of Laidlaw....
...“[The deal] is an exciting opportunity to generate increased value and returns for shareholders and create a strong and robust business in a highly fragmented market,” said Moir Lockhead, chief executive...
...Moir Lockhead, FirstGroup’s chief executive, said in a statement that the acquisition would considerably enhance FirstGroup’s operations in North America, which had grown substantially since the company...
...Moir Lockhead, FirstGroup chief executive, predicted $70m of annual cost savings as a result of the deal – partly as a result of no longer complying with onerous new US listing rules....
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