An ex-banker with no experience in the recycling and waste sector has been appointed the new chairman of Waste and Resources Action Programme following the retirement of Vic Cocker.
Peter Stone who is aged sixty one will take over from Vic Cocker who was the first chairman of Waste and Resources Action Programme. The outgoing chairman had made known his desire to retire last year during October. Vic Cocker had served the body for seven years. The new chairman will take office on the twelfth of May.
The appointment process was conducted openly under Vic Cocker. The outgoing chairman will however stay at Waste and Resources Action Programme for a few more weeks to assist the new chairman get the hang of the job. Vic Cocker’s next assignment is as a director of a waste recycling firm.
Peter Stone, the incoming chairman of Waste and Resources Action Programme, had earlier served as a founding director of Close Brothers, an investment bank in the United Kingdom. He left Close Brothers in 1998 after having been there for twenty three years. He has also served as a non-executive director on the boards of several firms and most lately on the boards of Opus Trust and DTZ Holdings plc.
While the incoming chairman hails from an investment banking sector background, the outgoing chairman had been working in the water sector for twenty six years prior to his role as the founding chairman of Waste and Resources Action Programme, a job he was assigned in 2000 by Michael Meacher, the then environment minister.
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