Some were beginning to wonder whether it would ever happen, but after 21 years at the helm of FirstGroup and its predecessor companies, Sir Moir Lockhead has announced that he will retire at the end of next month. He will be succeeded by former Tube boss Tim O'Toole, who joined the board of the Aberdeen-based group as a non executive director in May 2009, before becoming deputy chief executive in June 2010.
It’s more than just the start of a new chapter for FirstGroup, it’s will...
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