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Lombard Risk - now run by a prize shit and a liar after boardroom coup - sell

Tom Winnifrith
Wednesday 20 May 2015

Lombard Risk Management (LRM) has announced that “John Wisbey has informed the board of his intention to stand down as Chief Executive and director of the company with immediate effect in order to pursue other opportunities”. We understand differently.

It seems very odd that the company’s founder who has worked for it for 25 years would suddenly decide to quit immediately “to pursue other opportunities” - and believe this not to be the case. In fact we know that it is not the case. This was a boardroom coup led by Chairman Philip Crawford who  has gained power as now full-time Executive Chairman, apparently “on an interim basis until such time that the board is in a position to appoint a new Chief Executive”.  Crawford is a scumbag and this RNS is quite simply a lie.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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