Ex-SNC-Lavalin CEO Neil Bruce says succession process began in 2018 - News Summed Up

Ex-SNC-Lavalin CEO Neil Bruce says succession process began in 2018


MONTREAL - Neil Bruce, who stepped down abruptly as head of SNC-Lavalin Group Inc. on Tuesday, says the process to replace him was in the works for at least six months. Bruce says in a LinkedIn post that the process started last year and notes that his interim replacement, Ian Edwards, was appointed operations chief in January, allowing a five-month handover period to groom the industry veteran. Bruce says his family moved backed to the United Kingdom after the winter holidays and that he was eager to join them. His departure this week capped off a near four-year stint marked by a 61-per-cent plunge in share price over the past 12 months and a political controversy tied to an ongoing corruption case. ARTICLE CONTINUES BELOW


Source: thestar June 14, 2019 17:26 UTC



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