Embattled G4S boss to step down

Nick BucklesThe boss of security giant G4S is to stand down - just months after he came under fire for his company's botched handling of its Olympics Games contract.

Chief executive Nick Buckles, who was paid a total of £1.2 million in 2012, was instrumental in creating the G4S business through the merger of Securicor and the security businesses of Group 4 Falck in 2004.
%VIRTUAL-SkimlinksPromo%He is to retire from the company and will be replaced on June 1 by Ashley Almanza, who has held senior roles at oil and gas group BG Group.
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