Blood on the boardroom floor
What role did regulation play in the sacking of the entire Swinton executive board?
The sacking of the entire executive board at Swinton by parent company Covea took the industry by surprise to say the least. It’s not often that an entire board is swept in away in one move and, on the face of it, a more unlikely board to meet that fate you couldn’t find.
But now that the shock has subsided, we are left two questions: what led to such a sudden and decisive move and what does it tell us about the impact of regulation on the way businesses are run?
The first question leads us into
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