Accordingly, the board has accelerated the planned promotion of chief operating officer Alan Clark to chief executive with immediate effect.
Clark was appointed as chief operating officer in July 2012 with a view to succeeding Graham Mackay as chief executive in July 2013 after a transitional period of one year, when it was intended that Mackay would become non-executive chairman.
The board will keep Mackay’s position under review pending the outcome of his treatment, and John Manser, deputy chairman, will become acting chairman for the time being.
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