3i chief Michael Queen resigns
UK-based private equity firm 3i Group has announced that its CEO, Michael Queen, will be leaving the company once a successor has been appointed. The move is thought be prompted by continuing shareholder discontent over poor performance and lack of deal activity.
Queen has worked for almost 25 years at 3i, spending his last three as head of the company. "It has been a privilege to lead such an outstanding organisation as 3i. I am pleased that after a difficult...
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