Sir Brian Souter will step down as chairman of Stagecoach Group at the end of this month. Current non-executive director Ray O’Toole will replace him. Souter, who co-founded Stagecoach with his sister Anne Gloag in the 1980s, will remain on Stagecoach’s board as a non-executive director. Dame Anne Gloag is to retire from her position as a non-executive director.
Announcing his step back from the business, Souter said: “At the age of 65, the time is right for me to step...
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