Shake-up at Wagon

Wagon Industrial is to carry out a strategic review of all four divisions under new chairman David Kendall. Kendall is expected to exercise a hands-on approach, certainly until a successor can be found for chief executive John Hudson who resigned this week. Institutional investors were unhappy about the precision engineering to auto components concern’s failure […]

Wagon Industrial is to carry out a strategic review of all four divisions under new chairman David Kendall.

Kendall is expected to exercise a hands-on approach, certainly until a successor can be found for chief executive John Hudson who resigned this week.

Institutional investors were unhappy about the precision engineering to auto components concern’s failure to perform up to management expectations.