Crisis-Hit Bank Chief Executive Resigns ; in Association with Business

Daily PostNovember 21, 2007

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Summary


THE chief executive of crisishit mortgage lender Northern Rock resigned yesterday.

Adam Applegarth will leave by the end of January when a way forward for the beleaguered group has been resolved. The bank also announced that four nonexecutive directors - Sir Derek Wanless, Nichola Pease, Adam Fenwick and Rosemary Radcliffe - were stepping down with immediate effect.

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Crisis-Hit Bank Chief Executive Resigns ; in Association with Business

Mr Applegarth has worked f...

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