Richardson bows out from Optare as Stanley relinquishes chairman role

Richardson said in a statement that he intended to retain his links with the industry

Optare founder Russell Richardson has severed his links with the bus manufacturer after it’s acquisition by Jamesstan Investments and subsequent reverse takeover by AIM-listed manufacturer Darwen Group.

In a statement released by Richardson he said: “It’s been a fantastic journey and I have been privileged to have led a great team of talented and motivated people for more than 20 years. Our success is reflected on the streets each day as millions of passengers are carried by...