Interesting times at RSA: RSA’s CEO Lee facing ‘personal - TopicsExpress

Interesting times at RSA: RSA’s CEO Lee facing ‘personal crisis’ amid share price drop and future uncertainty Simon Lee’s position as RSA group chief executive is under threat following a week that saw the insurer issue two profit warnings, which triggered a share price plummet, market insiders have claimed. In its third-quarter figures for 2013 the insurer warned return on equity would dip below 10% for the year and only days later it told the stock market profits would be a further £70m under initial expectations due to issues in the claims and finance operations of its Irish business, which saw its chief executive suspended pending investigation postonline.co.uk/post/news/2306456/rsa-s-lee-facing-personal-crisis-amid-share-price-drop-and-future-uncertainty

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