RAP's chief executive quits
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.RAP's chief executive quits
DAVID EMMETT has quit as chief executive of RAP Group, the rubber products company. According to a company spokesman, "excess stock" was discovered at RAP's Midlands operation. Mr Emmett, who had been with the company for 17 years, was chairman and chief executive of RAP during the recent drastic decline in stock prices which saw values drop from approximately 130p two years ago, to 30p this month. Its shares closed yesterday at 32.5p, down 2p. The company issued a statement on 24 March stating that "additional provisions may be requested" in light of the Midlands discoveries.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments