Margetts Stays On After L&G's Crosby Close Shave

Daily MailMarch 23, 2009

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Summary


LEGAL & General chairman Sir Rob Margetts is staying on in the role for another year after the insurance giant vetoed top pick Sir James Crosby just days before he became embroiled in a whistleblower scandal.

Margetts, who has been chairman since 2000, was planning to step down at the forthcoming annual meeting at the end of May.

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Extract


Margetts Stays On After L&G's Crosby Close Shave

But he has agreed to stay on for another 12 month stint because the insurer has failed to find a suitable successor.

A ...

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