Articles about Deputy Chairman

The Register breaking news

QXL sells itself for £12m

Online auctioneer QXL looks set to be sold to its managers for £12m. The offer values the firm at £11.9m, or 700p per share. QXL shares jumped to 670p on the news. Jim Rose and Tom Power - QXL's independent directors - both recomend the offer. The company was launched by ex-journo Tim Jackson in 1997, before eBay landed in the …
John Oates, 29 Nov 2004
The Register breaking news

PCCW to spend £21m on UK wireless broadband

Hong Kong-based telco PCCW Ltd is to splash out US$40m (£21m) on wireless broadband in the UK next year. Speaking to the South China Morning Post PCCW deputy chairman Jack So Chak-kwong said the cash would be used to establish up to 60 base stations in the UK although he declined to say exactly where or when. PCCW has so far …
Tim Richardson, 29 Nov 2004
The Register breaking news

Acquisitor takes control of Baltimore

Bermuda-based Acquisitor Holdings has finally ousted the board of former e-security company Baltimore Technologies after months of acrimonious debate. Following a combined extraordinary general meeting (EGM) and annual general meeting (AGM) on Monday, six Baltimore directors were replaced by Acquisitor senior management. The …
The Register breaking news

DCC ups profits

Irish distribution company DCC has increased profits for the year by 14 per cent. This reversed losses of more than ten per cent in the first half of the year. It made an operating profit of €120.9m on sales of €2,198m for the year ended 31 March 2004. DCC's IT division accounted for more than a quarter of this profit. Jim …
John Oates, 18 May 2004
The Register breaking news

Infineon hires CEO from tyre maker

Infineon has confirmed that it has chosen one Wolfgang Ziebart to run the company in place of ex-CEO Ulrich Schumacher, who quit the memory maker abruptly last March. Ziebart is currently deputy chairman at tyre maker Continental, but he does have some connections with the chip business courtesy of his work with the company's …
Tony Smith, 11 May 2004
The Register breaking news

Aussie überLuddite safely contained

Those Australians who value their telecommunications infrastructure will be delighted to hear that former federal communications minister Richard Alston has ruled himself out of the running for the vacant Telstra chair. As we reported last week, Alston seemed to have the backing of Aussie PM John Howard to step into the shoes …
Lester Haines, 19 Apr 2004
The Register breaking news

Baltimore fights attempted coup

One-time e-security giant Baltimore Technologies has called an attempt by its biggest shareholder to take control of the board of directors "opportunistic". The Irish technology company, which is now a cash shell after months of asset selling, has hit back at Acquisitor Holdings after the investment company proposed that …
The Register breaking news

Compromise fends off PNC Telecom collapse

PNC Telecom, the owner of the KJC mobile telecom retail chain, staved off collapse today after striking a "compromise" deal with a major shareholder. Geremy Thomas, former CEO, founder and owner of 17.62 per cent of the company, had called an EGM for today in an attempt to vote out the entire board - with the exception of the …
Drew Cullen, 07 Jan 2003
The Register breaking news

IR35 appeal ruling ends

The IR35 appeal ended yesterday, with a judgment expected within the next month. The organisation which took the case to the Court of Appeal, the Professional Contractors Group (PCG), told us it was "optimistic" about the case although refused to make a prediction. The appeal was sought after a High Court battle ended in April …
Kieren McCarthy, 07 Dec 2001
The Register breaking news

Rose steps down from QXL

Jim Rose, the professional manager recruited to run QXL Ricardo, is handing over day-to-day duties to chief operating officer Mark Zaleski. The move accompanies the publication of the online auction site's Q2 results. For the three months to September 30, the company made a pre-tax loss of £7.88m (Q2 2000: £67.67m loss) on …
Drew Cullen, 09 Nov 2001
The Register breaking news

UMC loss doubles as sales halve

UMC saw profit turn to loss during its most recently completed quarter - its third - as sales fell by nearly 60 per cent to NT$11.96 billion ($346 million). For the three months to 30 September, UMC lost NT$4.02 billion (NT$0.30 a share), well down on the NT$14.6 billion (NT$1.31 a share) it earned this time last year. It's …
Tony Smith, 30 Oct 2001
The Register breaking news

Dixons announces Kalms' replacement

Dixons today said Sir John Collins would be its next chairman, replacing Sir Stanley Kalms next year. Collins, currently CEO of Vestey Group, will be appointed Dixons deputy chairman on 4 September. He is expected to become group chairman immediately after the retailer's AGM in September 2002. Prior to his seven-year stint at …
Linda Harrison, 10 Jul 2001
The Register breaking news

Baltimore CEO quits

Fran Rooney has resigned as CEO and deputy chairman of Irish security outfit, Baltimore Technologies, to pursue other business interests. CFO Paul Sanders will take-over the running of the company until a replacement can be found. In an interview with the AFX newswire service Sanders denied that Rooney's decision was based on …
Tim Richardson, 10 Jul 2001
The Register breaking news

Police to investigate hack attack on Tory bank accounts

The Tory party has called in the cops to investigate whether its bank accounts have been hacked. The move follows the Times' investigation into the party's treasurer, Michael Ashcroft, who it accused of laundering drug money through his interests in Belize. The newspaper based its story on Ashcroft's confidential bank statements …
Kieren McCarthy, 24 Nov 1999
The Register breaking news

Teledesic raises more cash – but global broadband is still dream

Teledesic has raised another $121 million from the Abu Dhabi Investment Company, owned by the Abu Dhabi Investment Authority and the National Bank of Abu Dhabi. This raises the total invested in Teledesic to around $1.5 billion. Deputy chairman Steven Norris of Satellite Holdings, one of the investing organisations in the ADIC …
Graham Lea, 03 Nov 1999
The Register breaking news

Profit falls at Northamber, but at least it made one

Northamber saw pre-tax profit drop 28 per cent for the year ended 30 June, but said it was doing better than most rivals. Profit before tax was £6.32 million for the distributor, against £8.81 million the previous year. Sales were down 5.4 per cent to £277.73 million. Pre-tax margin fell from 3 per cent to 2.17 per cent, with …
Linda Harrison, 23 Sep 1999
The Register breaking news

Soccer Web boss kicks fortune into the Net

Planet Online founder Peter Wilkinson has hit paydirt for the second time by selling Planetfootball for £24 million. The buyer Sports Internet Limited is cock-a-hoop, pointing out that it is paying only £50 per Planetfootball punter, compared with the £1,000-plus per customer that Dixon's FreeServe is worth -- supposedly. This …
Drew Cullen, 07 May 1999
The Register breaking news

Sonix-founder Jones resurfaces on Web

Bob Jones, the man who gave Sonix Communications to the world, has set up a company which plans to make the Internet as easy to use as the humble telephone. Equiinet has been backed with a £5 million venture capital injection from Schroder Ventures, which has backed Jones when he set up Sonix in 1992 with £2.1 million. He sold …
Sean Fleming, 30 Apr 1999
The Register breaking news

Freeserve users targeted by free call offer

The UK could be about to become embroiled in bloody battle for ISP supremacy following the official launch today of The service -- a joint venture between rival electrical retailer, Tempo, and LocalTel, an independent Surrey-based service provider for BT -- is to compete directly with the phenomenally successful …
Tim Richardson, 29 Apr 1999
The Register breaking news

Tempo hijacks free ISP service bandwagon

Tempo -- which claims to be the UK's fastest growing chain of electrical and computer superstores -- has pledged that all off-peak calls (6pm to 8am) made from a modem will be free when it launches its service later this week. The fledgling ISP -- which has 44 stores up and down the country -- is providing the …
Tim Richardson, 26 Apr 1999
The Register breaking news

SerCom lifts DCC's results

Irish conglomerate DCC plc today posted healthy interim results bolstered by the performance of its IT division DCC SerCom. The group showed an increase of 32.1 per cent in profit before goodwill amortisation and tax for the six months to September to IR£17.155 million based on a turnover of IR£367.706 million. DCC's largest …
Tim Richardson, 09 Nov 1998
The Register breaking news

Datatec buys Network Si

Datatec UK has splashed out again - - this time on Network SI, the venerable networking equipment reseller . The South African-owned conglomerate is paying £8.5 million upfront for the company. No earn-out is attached to the deal. Network SI, the third UK reseller bought by Datatec in a year, will merge into the group’s Logical …
Drew Cullen, 12 Oct 1998