Tag Archives: The Marie Celeste

One Rangers Director Resigns … And Then There Were Four

This morning’s news from Ibrox, announced to the Stock Exchange, is that Ian Hart has resigned as a Director of Rangers International Football Club PLC.

The press release reads:-

The Company today announces that Ian Hart, Non-Executive Director, has resigned from the board in order to pursue the charitable work in which he is involved more actively.

Craig Mather, Chief Executive Officer, commented: “it is with sadness that we see Ian depart from the board and we would like to thank him for his valuable contribution over the past year. Ian remains a huge fan of the Club and we wish him the best of success in future.”

I won’t bother about the semantics of why the announcement refers to “the Company” and not “the Club”. After all this statement is actually legally correct.

It does however leave the Board rather light on personnel. Continue reading

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Filed under Corporate Governance, Rangers