Business Services Industry

HBOS Chief Is Brought in by Granada to Beef Up Board.

Knight Ridder/Tribune Business News, November, 2002

By Nick Goodway, Evening Standard, London Knight Ridder/Tribune Business News

Nov. 27--Granada boss Charles Allen today bolstered his board with the appointment of HBOS chief executive James Crosby as a non-executive director, effectively replacing the modern-day Granada creator Gerry Robinson.

Television experts hailed the arrival of the outspoken financial services guru as a shrewd move by Allen in the run-up to the merger with ITV rival Carlton. Crosby emerged as the winner barely 18 months ago when Halifax merged with Bank of Scotland.

Despite the fact that Granada and Carlton deny talk of a clash between Allen and Carlton's Michael Green -- who will be chief executive and chairman respectively of the single ITV Plc -- the City...

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