G4S CEO Buckles Quits in Shadow of London Olympics Contract
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G4S Plc Chief Executive Officer Nick Buckles, who helped create the world’s biggest security provider, plans to step down almost a year after the company bungled a contract to guard London’s Olympic Games.
Buckles will retire on May 31 and be succeeded by Chief Financial Officer Ashley Almanza, who joined G4S this month after 19 years at U.K. oil producer BG Group Plc, the Crawley, England-based company said in a statement today.