Derek Kingsbury, chairman of Goode Durrant, is to hand over the reins to the chief executive, Michael Waring, who will become executive chairman from the end of next month. Alan Noble, head of the Northgate business, is to become managing director and Ron Williams, a director of Smiths Industries, is to join the board as a non-executive director. The specialist vehicle and equipment hire group also said it was expecting satisfactory progress this year as it unveiled a 49 per cent rise in pre-tax profits to pounds 13.4m for the six months to October.
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