I'll Quit, Says Severn Boss in Cv Probe ; Retail Chief Is Forced Out After Financial Mail Report

Summary

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A SENIOR Severn Trent executive has left the water company after revelations in Financial Mail about his past. Nic Budden, 37, managing director of Severn Trent's Pounds 18 million-a year retail services arm, has resigned following a two-month investigation by his employer into his CV and references.

The retail services arm, which sold telecoms services and insurance, now looks likely to be axed.

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Extract

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I'll Quit, Says Severn Boss in Cv Probe ; Retail Chief Is Forced Out After Financial Mail Report

A spokesman for Severn Trent, which last month announced the departure of financ...

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