Bloomberg News

Victoria Carpets Chair Beckett May Quit This Week, Times Says

March 04, 2012

Nikki Beckett, chairwoman of Kidderminster, U.K.-based Victoria Carpets, may resign this week after calls from the firm’s founding family, the Sunday Times reported, without saying where it got the information.

A group of investors backed by the Anton family has demanded Beckett and Peter Jensen, a non-executive director, depart, claiming the company’s 22 million-pound ($35 million) market value is half that of net assets, the newspaper said.

Lady Katherine Innes Ker, currently a non-executive at Rail company Go-Ahead Group Plc (GOG) and St Modwen Properties Plc (SMP), is set to take over the role, according to the Times.

To contact the reporter on this story: Stephen Morris in London at smorris39@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net.


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