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Rank in turmoil as CEO & Finance Director quit

28th June 2011 10:40 am GMT

Rank Group plc finds itself in turmoil today following the sudden resignations of chief executive Ian Burke and finance director Paddy Gallagher.

Both men have resigned from the board of Rank with immediate effect at the same time as serving notice to terminate their employment.

Rank has convened an emergency board meeting to discuss these developments with its advisers and has said that it will make an announcement shortly.

The resignations of Burke and Gallagher are directly linked [...]

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