Exco Cites Conflicts Of 'Management Style' In Move To Sack Chief Executive Sandler
BROKERS
The board of money brokers Exco has shocked the market and its shareholders by forcing out chief executive Ron Sandler just three months after the company's stock market flotation (FX Week, July 4).
Sandler, who has been with Exco only 18 months, will be replaced on January 1 by Peter Edge, managing director of the London money broking operations and chairman of Exco's global money markets product committee. Edge has been given the temporary title of deputy chief executive. Sandler, who will
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