Love's Labour Lost On Qinetiq ; City Focus

Daily MailOctober 30, 2009

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Summary


GRAHAM Love's high-flying business career crashed to earth yesterday as it emerged he is being shoved aside and replaced as QinetiQ chief by former De La Rue boss Leo Quinn.

News of his exit comes almost four years after the former civil servant was handed a paper fortune of Pounds 21m in the defence group's controversial flotation.

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Extract


Love's Labour Lost On Qinetiq ; City Focus

But if anyone had any doubts as to the regard with which Love is held by investors, yesterday's share price reaction made it abundantly clear that shareholders are glad to see the back of him.

QinetiQ rose a stunning...

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