The CEO of Ashfords, Ian Daniells, has stepped down only six months after he was re-elected.
In February, shortly before Ashfords' merger with Rochman Landau, Daniells stood for re-election against Garry Mackay. Daniells won, but only just. At the time the firm was suffering the indignity of going through a very public negligence claim, not everyone was sold on the merger and there were mutterings about a lack of strategy to win new work.
Since February it seems this discontent has increased, apparently culminating in a group of senior partners confronting Daniells over the weekend. Faced with such a coup d'etat Daniells probably had little choice but to resign. Which seems a little unfair, as under his watch profits increased from £4m to £7.5m this year (albeit with turnover remaining flat).
Simon Rous, the firm's Chairman, said that Daniells had "led us for six and a half years, he's concluded the merger and bedded it down. It's now an opportune time for management change, and we're very grateful for everything he's done."
Tip Off ROF
In February, shortly before Ashfords' merger with Rochman Landau, Daniells stood for re-election against Garry Mackay. Daniells won, but only just. At the time the firm was suffering the indignity of going through a very public negligence claim, not everyone was sold on the merger and there were mutterings about a lack of strategy to win new work.
Since February it seems this discontent has increased, apparently culminating in a group of senior partners confronting Daniells over the weekend. Faced with such a coup d'etat Daniells probably had little choice but to resign. Which seems a little unfair, as under his watch profits increased from £4m to £7.5m this year (albeit with turnover remaining flat).
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Ashfords yesterday |
Simon Rous, the firm's Chairman, said that Daniells had "led us for six and a half years, he's concluded the merger and bedded it down. It's now an opportune time for management change, and we're very grateful for everything he's done."