From Accountancy age on 06 May 1999
Newsflash - Brockwell takes helm at ACCA
ACCA has named John Brockwell as its new president
today following a sensational no-confidence vote in
president-elect Ray Gardiner this morning
Gardiner was unseated after the association's ruling council voted
25-10 to
support the motion removing him from the running.
He should have taken up his post as the natural successor to Michael
Foulds
but was forced to stand down over his role in a disciplinary
case involving
guilty Robert Jackson, the council member who was found of backdating
Norwich Union policy applications in order to get free shares.
An agreed statement released after the council meeting said the
vote had
been taken 'following discussion of various corporate governance
issues'.
Neither Foulds nor chief executive Anthea Rose were prepared
to comment
on the move, despite angry questions from members during the
6 May agm.
Former council member Anthony Thomas said: 'I suggest that the
vote of no
confidence should really have been taken against those who voted
for his
removal.'
It is unclear whether Gardiner will remain on the council after
Brockwell takes
over as president. Moyra Kedslie, senior lecturer at the Hull
University,
becomes deputy president.
Analysis and reaction in Accountancy Age on 13 May