Blow to Investors As Boots' Finance Director Quits

Western MailMarch 14, 2005

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Summary


Health and beauty chain Boots dealt a fresh blow to its investors with the news that its finance director has resigned. Boots confirmed the departure of Howard Dodd after three years, but said his resignation was offered before the retailer shocked the City with a profits warning at the start of this month.

His resignation will be formally announced to the City today as analysts worry about whether Boots can overcome its recent trading woes and recover its poise.

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Extract


Blow to Investors As Boots' Finance Director Quits

Boots told investors via a trading statement on March 1 that it now e...

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