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G4S's UK chief executive resigns

Anh Nguyen | Oct. 28, 2013
Replaced by Eddie Aston, who was the company's chief operating officer.

Security services G4S has confirmed that the chief executive of its UK and Ireland business, Richard Morris, has resigned after 10 years at the company.

He has been replaced by Eddie Aston, who was the company's chief operating officer. Aston joined G4S from Deutsche Post DHL in July.

Morris' departure comes after a series of controversies surrounding G4S's work on public contracts. Most recently, the company pulled out of bidding for a renewal of an electronic tagging contract for criminals in England and Wales, after it was accused of overcharging the government for years.

Last year, a failure in an internal computer system was the primary reason it was not able to provide a sufficient number of security staff to support the London 2012 Olympic Games. This debacle led to David Taylor-Smith, the UK business's COO, resigning in September 2012.

However, the company has fared a little better in the private sector, recently signing a three-year contract to provide security systems and services for Bank of America Merrill Lynch operations in the UK from December.

 

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