UK equipment hirer Vp restructures top management

Newswire

LONDON, June 15 (Reuters) - British equipment hirer Vp Plc beat market expectations in its full-year results on Tuesday and announced a shake-up of its top management structure. The firm said the chairman and chief executive, Jeremy Pilkington, would become executive chairman. The current finance director, Neil Stothard, would take over operational responsibilities as managing director. Vp's pre-tax profit rose 19 percent to 8.9 million pounds ($16.1 million) in the year to end-March, ...

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