After posting just last week that Aggregate Industries’ newly filed accounts show pre-tax profits falling 56% for the year to 31 December 2017, it has now been announced that the company’s CEO François Petry is moving back to France:
Je suis très heureux de rejoindre les équipes de LafargeHolcim France et Belgique, qui sont connues pour leur grand professionnalisme. Google translate
Mr Petry’s replacement has yet to be announced, but as AI approaches the icebergs of Brexit, the company will need to rearrange the deck chairs again.
Again? During the time that AI has been trying to get its act together in East Devon – to gain permission to butcher a successful farm and risk water supplies for more than 100 people for the sake of a relatively small amount of sand and gravel that could only be processed off-site 23 miles away – the company has gone through three CEOs, and will now be looking for its fourth.
Is this simply an indication of how long the Straitgate Farm fiasco has been staggering on, or an indication of deeper problems?
EDIT 12.12.18 Guy Edwards appointed CEO of Aggregate Industries UK.
