Mears chairman Bob Holt to stand down

Mears Group chairman Bob Holt (pictured) will not stand for re-election at the organisation’s 2019 annual general meeting. The decision comes days after Shareholder Value Management, a German asset manager which owns 8.9% of Mears Group’s share capital, requested Holt’s removal from the board due to underperformance at the housing and social care provider. As…