Register to get 5 free articles
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
The Insolvency Service has applied to the High Court to disqualify eight directors and former directors for Carillion following the company’s collapse in 2018.
Carillion was a supplier to the government with around 420 public sector contracts. At its peak the catering aspect of the business served 32,000 meals to pupils at more than 200 schools daily.
The ban application has been made on the grounds that the directors’ conduct at Carillion makes them “unfit” to serve on the management of a company.
The construction and facilities management company fell into administration in 2018, which left 3,000 employees redundant. It operated in the UK, Canada and the Middle East and employed around 45,000 people. At the time of liquidation it employed roughly 18,200 people in the UK.
According to the BBC, the court has named the former chairman Philip Green, former chief executive Richard Howson and ex-company director Keith Cochrane, who led the company in its final leg, among the eight directors affected.
Additionally, two former finance directors and three boardroom non-executives have also been named. They could reportedly see their ban on being directors of UK based companies lasting between two and 15 years. This also includes any form of promotion to a directorial role within any UK company.
An Insolvency Service spokesperson said: “We can confirm that on 12 January 2021 the Insolvency Service, acting on behalf of the Secretary of State, applied for director disqualification orders against eight directors and former directors of Carillion. The application was made in the public interest.”
