City leading light to retire after 13 years; COMPANIES TODAY: CITY.ONE of the London stock market's longest-serving chief executives announced his intention to stand down. Imperial Tobacco boss Gareth Davis will retire in May after more than 37 years with the Bristol-based firm, including 13 years as chief executive. He will be replaced by chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Alison Cooper, who is set to become only the fifth woman at the helm of a FTSE 100 Index FTSE 100 Index A market-weighted index of the 100 leading companies traded in Great Britain on the London Stock Exchange. The Financial Times company. The other female chief executives are Dame Marjorie Scardino at Pearson, Dorothy Thompson at Drax, Angela Ahrendts at Burberry and Cynthia Carroll at Anglo American. |
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