The highly-experienced boss of the John Menzies aviation division has resigned, as the firm moves to appoint its first group chief executive in more than seven years.
The Edinburgh business confirmed Craig Smyth, a founding executive of Menzies Aviation, who has been with the wider company since 1993, was planning to leave his post as managing director. Alongside that John Menzies said it is searching for a chief executive, with the board thought to favour the appointment of an external candidate.
Stock analysts at Liberum suggested Smyth may have felt disappointed at not getting the opportunity to run the wider group.
