Charles Henri Sabet Steps Down from LCG as Firm Posts £3m Loss in 2017
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Charles Henri Sabet Steps Down from LCG as Firm Posts £3m Loss in 2017
After about four years with LCG, Charles Henri Sabet is stepping down from the Board of Directors of the company. He has been actively involved in the management of the firm since GLIO Holdings acquired a majority stake back in 2014 via a debt to equity swap.
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The move comes as the company continues to hemorrhage cash after it posted an annual statutory loss of £3 million. Sabet is replaced by Mukid Chowdhury, who has been promoted to CEO of the company effective ... (read more)
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