Barclays poaches chairman from ScotRail operator

Barclays poaches chairman from ScotRail operator
 

SCOTRAIL operator FirstGroup has launched the search for a new chairman after banking veteran John McFarlane yesterday revealed he is quitting the transport group next year to take on the chairmanship of Barclays bank.
McFarlane will take up the Barclays post in April at a salary of £800,000 a year. He is also stepping down next year as chairman of insurance giant Aviva, where he will be succeeded by current board member Sir Adrian Montague.
Scots-born McFarlane, who was chief executive of Australia and New Zealand Banking Group between 1997 and 2007, only became chairman of Aberdeen-based... read more

 
13 September 2014 in Business, Views: 49
Source: Scotsman
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