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LEYLAND re - organisation instituted last week by new chairman Michael Edwardes

25th November 1977
Page 9
Page 9, 25th November 1977 — LEYLAND re - organisation instituted last week by new chairman Michael Edwardes
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has meant that both the Truck and Bus and Special Products divisions now become separate companies within the Leyland structure.

And for the time being Mr Edwardes is to be the chairman of Truck and Bus while Alex Park becomes chairman of , Leyland Special Products.

The re-structuring of Leyland has meant that three non-executive directors and all four managing directors from the divisions have been removed from the Leyland main board.

Non-executive directors ousted in the palace revolution are Lord Greenhill, who is now to act in ark advisory capacity only, Alcon Copisarow and John Gardiner.

Drafted on to the main board to replace them are Glaxo chairman and chief executive Austin Bide ana !miner ICI finance director and Marks and Spencer director Albert Frost.

A new London-based advisory board is to be established from the executive directors comprising Mr Edwardes, David Abell, David Andrews, Pat Lowry, Alex Park who will alternate with Gerry Wright, Des Pitcher, Percy Plant and Derek Whittaker.

Three new advisory panels will be set up to deal with strategy, management resources and investment and a number of the corporate staff will be moved to the new headquarters of the company at Nuffield House, in London's Piccadilly from Leyland House,


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