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(From Financial Director)
Construction company Amey transformed itself and its share price in 2001 when the PFI sector was the darling of the stock market. But the market crashed and the rapid departure of two finance directors, a financial crisis, a GBP100m asset write-down and a looming deadline to buy its way back into a lucrative London Underground contract called for a safe pair of hands. Step forward Deloitte & Touche's Eric Tracey, who thought the problems would never stop coming.
Eric Tracey had no previous experience as a finance director before joining troubled construction-turned-PFI company Amey as acting FD in October 2002. But, with over ...