Plugging into the power game

Article Abstract:

Playing a 'hands-off' role as Scottish Power PLC's part-time chairman is a new experience for chartered accountant Murray Stuart. His previous jobs demanded full involvement in business operations. At various times, Stuart served as finance director at Hepworth PLC, ICL, and Metal Box PLC; as chairman of Caradon PLC; and as head of the efforts to restore the troubled commodities and finance firm Beresford PLC. Although Stuart only works part-time at Scottish Power, his involvement with other organizations keeps him busy. Currently, Stuart is chairman of both Hill Samuel Company Ltd and the Audit Commission in England and Wales. He believes that having many interests is good for him as a part-time chairman because it prevents him from constantly looking over the shoulder of Scottish Power's CEO.

Electric services, Electric utilities, Appointments, resignations and dismissals, Scottish Power PLC, Stuart, Murray

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The Main man

Article Abstract:

Donald Main is a Scottish chartered accountant (CA) whose vast experience in financial management was gained mainly from various overseas assignments while employed by a number of firms. He is currently the finance director of Forte PLC, a hotels and catering company. Main attributes Forte's success to its treatment of each catered outlet as separate profit centers, to good information systems, and to a centralized treasury operation. Despite his many duties in the company, Main remains active in various organizations including the Accounting Standards Board.

Eating places, Hotels and motels, Hospitality industry, Caterers and catering, Catering, Accountants, Main, Donald, Forte PLC

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Heading for the top at GrandMet

Article Abstract:

Ian Martin has been appointed as group managing director and chief operating officer of Grand Metropolitan PLC (GrandMet). Martin has had extensive exposure to American business operations, having worked for various US firms, such as Timex, Mine Safety Appliances, and ITT, before joining GrandMet in 1979. Martin is back in the UK, and there are many speculations that he is likely to succeed Allen Sheppard as GrandMet's CEO.

Holding companies, not elsewhere classified, Holding companies, Cover Story, Interview, Grand Metropolitan PLC, Martin, Ian

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