Summary
FRANK TIMIS, the controversial boss of Regal Petroleum, is on the verge of stepping down.
The five directors of the oil and gas explorer were locked in an unscheduled board meeting today at which it is understood Timis was given an ultimatum by the two non-executives: "You go or we do."See the full content of this document
Extract
Regal Boss Told to Quit in Boardroom Battle
It is thought executive chairman Timis is being told his position at the company which he created has become increasingly ...
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