Another G4S boss bites the dust

Eddie Aston has just become the third UK chief exec in two years to step down from embattled outsourcer G4S. Ouch.

by Emma Haslett
Last Updated: 12 Nov 2014

- Read '"Murdering scumbags": How did outsourcing get into this mess?'

It’s been six months since G4S enticed Eddie Aston from Deutsche Post DHL to be its UK chief exec (the UK region accounts for 22% of its sales) - and at the end of last week, he threw in the towel. Staff were told about this in an internal memo, but the company hasn’t yet explained the reasons behind his departure.

Perhaps it had all got too much for him: not only is the company under investigation by the Serious Fraud Office for overcharging the government on a scheme to tag criminals (it apparently listed names of people who were dead, in prison or never tagged anyway), but it’s also been criticised for its management of Oakwood prison in Wolverhampton. And let’s not forget The Great Olympics Security Scandal of 2012…

Insiders say the company’s restructure has caused consternation among its 618,000 staff (that makes it the world’s second-biggest employer), although some analysts have suggested Aston’s departure is more to do with cultural fit - ‘which is perhaps understandable given [he] came from Deutsche Post DHL rather than a security company’, Jefferies analyst Kean Marden told the FT.

In its memo, G4S said it is looking for a permanent replacement, but for now regional managing director of G4S outsourcing services will step up to the plate. Neden has has previously worked at Securicor Group - so at least he has that crucial security background…

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