Countrywide Plc
It’s been quite the month for Countrywide Plc. Following a rejected recapitalisation proposal by private equity firm Alchemy, Peter Long has stepped down as Executive Chairman with immediate effect; Group Managing Director Paul Creffield has announced that he will retire next year; former William Hill chief Philip Bowcock is now Interim CEO. The company is currently subject to an £82m take-over bid by rival estate agency group Connells.