Lloyds May Replace CEO With Bischoff or Moreno, Telegraph Says
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Lloyds Banking Group Plc may replace Chief Executive Officer Antonio Horta-Osorio with Chairman Win Bischoff or independent director Glen Moreno, the Sunday Telegraph said, without saying where it got the information.
Horta-Osorio would be substituted if he fails to return from medical leave, the newspaper said, adding that a decision could be made within two or three weeks.