Any other business

Published

The rise and fall of David Ross

1 Mins

You would think that owning 177 million shares in a company that turns over £4.5bn would leave you set for life. But following the disclosure that Ross pledged the bulk of these shares against personal loans, the company itself has taken a hit, falling by three per cent yesterday.

Dunstone, to his credit, is standing by Ross following his friend’s resignation from the board yesterday. But RB reckons this is only the beginning of the fall-out for the mobile phone chain. Check out this comprehensive article on The Times.Related articles Carphone Warehouse co-founder leaves companyEntrepreneur stars of the stage

Picture source

Share this story

Trutap cuts 80 per cent of staff
“They threatened to throw acid into my mother’s face”
Send this to a friend