UK: Costcutter founder resigns
He had already stated that he was unhappy with his position after the takeover, which he likened to a non-executive Chairman, something he described as "unacceptable."
Sir Michael Bibby, Managing Director of Bibby Line Group, said: "On behalf of employees, retailers and suppliers I would like to thank Colin for the dedication he has shown over the last 25 years."
Source: www.kaycity.com
