Lapping it up

10 January 2003

Lapthorne must cauterise the group s £1.5bn tax liability and break up the business. But how? Both problems will require innovative solutions.

This content is for Subscribers only

Context News

Richard Lapthorne joined Cable & Wireless as nonexecutive chairman with immediate effect on Friday.

Lapthorne had earlier announced his intention to retire from the chair of Amersham Plc. He was finance director of BAe from July 1992 and vice chairman from 1998 until the following year. At that time Lapthorne was involved in the purchase of defence assets from GEC that transformed the latter into Marconi.

To read our linked article on Lapthorne's innovative compensation arrangements <a href="ve.asp?lid=1&sid=5552">click here</a>

Email a friend

Please complete the form below.

Required fields *