Richard Ames ran model railway maker for less than two years and had said it also risks breaching bank lending agreementHornby’s chief executive,Richard Ames, has quit less than a week after the model railway maker issued a third profit warning in five months and said it risked breaching a lending agreement with its bank.
Ames will leave with immediate effect after less than two years in the job. Roger Canham, and the chairman,will flee the company for the foreseeable future, Hornby said. Related: James May urges nation to 'save Hornby' as shares plunge 62% We must save Hornby. Buy a train set nowadays. Every domestic should have one. #ForTheNation https://t.co/G4mWonmv6WContinue reading...
Source: theguardian.com