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Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch
2023-06-23 17:50
Codelco says reassessing costs of projects to upgrade mines
Codelco says reassessing costs of projects to upgrade mines
By Pratima Desai and Julian Luk LONDON Chile's Codelco, the world's largest copper producer, is reassessing the costs
2023-10-07 00:49
ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business
ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business
ExxonMobil will acquire Denbury Inc., a specialist in enhanced oil recovery and carbon sequestration, for $4.9 billion as it builds out its low-carbon business...
2023-07-13 21:49
Mercedes-Maybach Takes a Stealth Wealth Cue From Rolls-Royce
Mercedes-Maybach Takes a Stealth Wealth Cue From Rolls-Royce
On Tuesday, Mercedes-Maybach didn’t unveil a new car, but its new Night Series options program essentially signals an
2023-05-24 08:51
Fukushima Daiichi nuclear plant starts 3rd release of treated radioactive wastewater into the sea
Fukushima Daiichi nuclear plant starts 3rd release of treated radioactive wastewater into the sea
The tsunami-damaged Fukushima Daiichi nuclear power plant began its third release of treated and diluted radioactive wastewater into the sea after Japanese officials said the two earlier releases ended smoothly
2023-11-02 13:18
U.S. says it has not blocked chip sales to Middle East
U.S. says it has not blocked chip sales to Middle East
A U.S. Department of Commerce spokesperson on Thursday said the Biden administration "has not blocked chip sales to
2023-08-31 23:58
Exclusive-Beijing stock exchange tells 'major shareholders' to refrain from selling -sources
Exclusive-Beijing stock exchange tells 'major shareholders' to refrain from selling -sources
SHANGHAI/BEIJING (Reuters) -The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed
2023-11-27 14:23
Citigroup CEO of institutional clients group Paco Ybarra to leave - memo
Citigroup CEO of institutional clients group Paco Ybarra to leave - memo
By Lananh Nguyen NEW YORK Paco Ybarra, the CEO of Citigroup's institutional clients group, will leave in the
2023-08-04 00:57
JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:23
Harris will attend an AI summit at a UK estate that was a base for World War II codebreakers
Harris will attend an AI summit at a UK estate that was a base for World War II codebreakers
Vice President Kamala Harris is heading to the United Kingdom next week for a summit on artificial intelligence
2023-10-26 18:57
Early Apple computer that helped launch $3T company sells at auction for $223,000
Early Apple computer that helped launch $3T company sells at auction for $223,000
One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000
2023-08-26 01:25
Workers strike at major Southern California hotels over pay and benefits
Workers strike at major Southern California hotels over pay and benefits
Workers are picketing major Southern California hotels after walking off the job during the holiday weekend to demand better pay and benefits
2023-07-04 02:16