SHAREHOLDER press on ICI eased last week after Brendan O'Neill resigned as the company's chief executive merely two weeks after it issued a profit warning.
SHAREHOLDER press on ICI eased last week after Brendan O'Neill resigned as the company's chief executive merely two weeks after it issued a profit warning.
Mr O'Neill is the next to the first CEO of a leading European specialty chemicals company to be ousted within a month Reinhardt Handte, chief executive of Clariant left his support in March in the wake of heavy criticism from shareholders.
ICI revealed late last month that it was expecting a 24 percent fall in pretax profit in the first quarter. This was befitting to the continuing validitys of production problems at a Dutch plant of
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