(Reuters) - But on July 6, 2001, Mayo resigned as telecom equipment
maker Marconi's chief executive-designate shortly before he was
due to take up the top job and two days after the company warned
operating profit would be just half the market's expectations.
Mayo built his reputation as an investment banker who
oversaw the demerger of drugs group Zeneca from another British
leviathan, ICI . He became Zeneca's finance director, a
role he later had at Marconi before being named CEO-designate.
Read more at Reuters.com Mergers News
maker Marconi's chief executive-designate shortly before he was
due to take up the top job and two days after the company warned
operating profit would be just half the market's expectations.
Mayo built his reputation as an investment banker who
oversaw the demerger of drugs group Zeneca from another British
leviathan, ICI . He became Zeneca's finance director, a
role he later had at Marconi before being named CEO-designate.
Read more at Reuters.com Mergers News
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