MD quits as profits and morale slump

By Nicole Curnow, Nursery World, 25 August 2005

Nord Anglia's divisional managing director, Tracey Storey, has resigned amid reports of poor financial performance and falling morale at the UK's largest nursery chain. News of Storey's departure came only three weeks after Nord Anglia's board confirmed that the company was selling off its Cheadle headquarters and transferring operations to the group's nurseries division headquarters in Burton-on-Trent, Staffordshire, at the end of the year. Up to 100 central office staff face uncertainty over their jobs.

Nord Anglia's divisional managing director, Tracey Storey, has resigned amid reports of poor financial performance and falling morale at the UK's largest nursery chain. News...

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