Andrew Grech, Slater and Gordon (S&G)’s group managing director has stepped down with immediate effect today (29 June) as part of a recapitalisation deal replacing the firm’s entire board, in an attempt to shore up financial resources.
Grech will remain a non-executive director of Australian-headquartered S&G for a short period until a successor is named. S&G Australia chief executive Hayden Stephens and UK chief executive Ken Fowlie will continue in their roles.
