“Following a thorough review, the Board has accepted David’s resignation and in stepping down he recognises the importance of leaders setting and abiding by exemplary standards.Įgan will be replaced by RS Group’s VP Corporate Development, Jane Titchener. RS Group’s chair, Rona Fairhead (a former trade minister), says: Therefore, it is right for me to step down from my role. Very recently I notified the Board of a personal relationship with a colleague.įollowing a detailed review by the Board, I recognise that there have been some shortcomings of judgment on my part and my actions have fallen short of the high standards expected of RS leadership. “I have thoroughly enjoyed my seven years at RS and I am proud of what we have achieved. The finance chief of electronics products distributor RS Group has quit, revealing that he has had a personal relationship with a colleague.ĭavid Egan resigned from his role as Chief Financial Officer (CFO) and as a director and will leave the business with immediate effect, RS Group told shareholders this morning.Įgan, who has also served as RS Group’s acting CEO twice, says his actions have “fallen short” of what is expected. 3d ago 08.57 BST RS Group CFO quits after personal relationship with colleague
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