Mitie shares fell 24% to 78p soon after the news was released, highlighting the present extreme nervousness of investors towards support services firms.
Sensitive to the feeling in the market, Mitie chairman David Telling launched a counter-attack.
He claimed Kilduff鈥檚 departure was the result of personality differences and lack of talent, rather than any gaping holes in the group鈥檚 balance sheet.
The strategy appears to have worked 鈥 the City seems to have accepted the explanations 鈥 for now.
Things haven鈥檛 gone so smoothly for Amey. Its dear departed finance directors David Miller and Michael Kayser are still serving their notices, while Deloitte & Touche partner Eric Tracey has joined for the next few months to get Amey through its results in March.
Tea breaks must be interesting.
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