independent

Monday 21 April 2014

Rangers in board shake up as two directors leave

Former chairman Malcolm Murray and fellow non-executive director Phil Cartmell have left the board of Rangers.

The news was confirmed by the club in a statement to the London Stock Exchange this morning.

Murray stepped down as chairman in May, amid speculation of moves to oust him, but remained as a director until now.

He was replaced in the role by ex-Gers boss Walter Smith in what was a unanimous decision by the rest of the board and a move aimed at bringing stability to the club.

Smith, who returned to Rangers as a non-executive director in November after two spells as manager, said in a statement: "Both Malcolm and Phil have made important and valuable contributions to the club.

"The last year has presented the club with a number of challenges and it has been beneficial to have two highly experienced non-executive directors such as Malcolm and Phil offering assistance.

"On behalf of the board I would like to thank them for their considerable efforts in helping to rebuild Rangers.

"Both men have other significant business interests and we wish them well in their future endeavours."

Also in this Section

Classifieds

CarsIreland

Independent Shopping.ie

Meet, chat and connect with
singles in your area

Independent Shopping.ie

Meet Singles Now

Findajob

Apps

Now available on

Don't Miss

Top Stories

Celebrity News