Arun Raman, CFO of Harland & Wolff, resigns amid CEO departure and financial struggles.

Arun Raman, CFO of Harland & Wolff, has resigned, following the departure of CEO John Wood and other senior executives. The shipbuilder, known for constructing the Titanic, has struggled with significant losses of £113 million over 2022 and 2023 and has suspended work on its financial accounts. The company, acquired in 2019, has secured a $25 million loan for stabilization and is undergoing a strategic review that may lead to a sale.

September 11, 2024
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