Hints and tips:
...“I worked on a virtual exhibition of the work by Steven Campbell last y2ear called Dressing Above Your Station that incorporated a virtual version of the store,” she says....
...At Penn Plaza, Vornado chief executive Steven Roth has upped the ante....
...Now try this I’m entranced and horrified in near-equal measure by this fascinating and beautiful collaboration between Peggy Hollinger and Sam Learner, which explores the growing problem of space debris...
...Neil Stevens, space liability expert at insurance broker Marsh, said a parliamentary statement by the government was not sufficient....
...“We are doing a lot of defence work,” said Steven Fine, head of broker Peel Hunt....
...Peggy Blum, author of Circular Fashion: Making the Fashion Industry Sustainable, points out that it is not only part of the culture of disposable fashion, it has also evolved into “a sexy, emotional piece...
...Moreover, the new management team of US-born Ms Stevens and Mr Sclater, appointed only in November, was not well-known and had little credibility....
...However, when asked what GKN’s own plan meant for British jobs, Ms Stevens was not precise. “With the programmes that we have, we’re still a growing company....
...Ms Stevens had never hidden her ambition to be chief executive of an industrial company....
...Ms Stevens is good but she is just one person. It will take time to change the culture and Melrose are specialists in this....
...“It is a very good deal for our shareholders,” said Anne Stevens, GKN chief executive. “This is a much more beneficial package than the derisory offer that Melrose has put on table.”...
...Ms Stevens rejected suggestions that GKN’s promises of future returns based on successful disposals and execution, rather than an immediate payout, might not close that gap....
...Ms Stevens said the demerger and the group’s plan unveiled two weeks ago to boost cash and margins through a series of operational and investment initiatives meant “the building blocks are now in place to...
...The developments came as GKN was forced to retract comments over the weekend by chief executive Anne Stevens and finance director Jos Sclater, suggesting it had shareholder support in its efforts to fend...
...“This strategy is expected to generate significant cash for shareholders in the short term and meaningful sustainable cash flows over the mid to long term,” said Anne Stevens, the former Ford executive who...
...Ms Stevens, relatively unknown to city investors, will also set out her experience as a Ford executive, who helped to turn round the carmaker’s North American operations....
...Ms Stevens has said she intends to reverse the company’s poor record on cash and margins with a restructuring plan and by better supporting growing businesses such as eDrive....
...Ms Stevens promised “a significant increase in annual cash flow” by 2020 as a result....
...Ms Stevens will have to convince investors that her new management team can deliver what previous management has failed to do, said other top shareholders....
...Anne Stevens, who was last week appointed permanent chief executive of GKN in the wake of the offer, said the group was “debunking some of Melrose’s inaccurate assertions”....
...GKN, for its part, appointed Ms Stevens, a former Ford executive, to lead a transformation of the company, promising many of the same things, including a split....
...According to Anne Stevens, the new chief executive, GKN was more focused on growth than margins and cash....
...But Anne Stevens, GKN chief executive, dismissed the offer as “derisory”....
...Until it finds a replacement for Mr Cummings, the company said Anne Stevens, a non-executive director and a longtime executive at Ford, would assume the role of interim chief executive in the new year....
...Additional reporting by Peggy Hollinger *This article has been amended to reflect that fact that Miles Templeman is the former senior non-executive director of Melrose....
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