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TMCNet:  PEOPLE

[August 16, 2014]

PEOPLE

(Observer (UK) Via Acquire Media NewsEdge) Quote of the week goes to Lord Browne, the former boss of BP, as Trevor Burgess became the first openly gay chief executive of a bank to list its shares on Wall Street by floating C1 Financial. "Role models like Trevor prove that being open and authentic is no barrier to success," he said.


A good week for James Crosby, the disgraced former boss of HBOS, who will pick up pounds 850,000 from the sale of the sub-prime car lender Moneybarn to Provident Financial. David Hoare, the City turnaround expert who was recently appointed to chair the schools regulator Ofsted, is also expected to reap a substantial windfall from the sale.

A bad week for Lord Chadlington, the embattled boss of public relations group Huntsworth, who said he was stepping down and that the company was placing its joint venture with a Chinese investor on hold. Huntsworth's shares rose 29% on the news, despite a drop in first-half profits.

(c) 2014 Guardian Newspapers Limited.

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