Best served cold: the rise, fall and rise again of Malcolm Walker CBE
by Walker, Malcolm.
Material type:
BookPublisher: Icon Books 2013ISBN: 9781848317000; 184831700X.Classification number: 338.0409 WALSubject(s): Walker | Iceland | Entrepreneurship -- Great BritainSubject: Malcolm Walker opened Britain's very first frozen food outlet in 1970, calling it Iceland. By 1999 there were 760 stores and Iceland was a public company. In January 2000 Walker arranged his retirement, sold 4 million Iceland shares and left for a holiday in the Maldives. However, while there Bill Grimsey - Iceland's new CEO - was slashing the profits they were shortly to announce. Ultimately, Iceland announced a loss of 26m - rather than the 130m profit the City was expecting. Having sold his shares just before the company's year-end led to Walker being questioned for three years before he was declared innocent of insider dealing. 5 years after he left, he walked back in as the boss to revive the company.
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|---|
| Book - Adult Hardback | Southport Library | Adult Non-Fiction | 338.0409 WAL (Browse shelf(Opens below)) | Available | 002852340X |
Malcolm Walker opened Britain's very first frozen food outlet in 1970, calling it Iceland. By 1999 there were 760 stores and Iceland was a public company. In January 2000 Walker arranged his retirement, sold 4 million Iceland shares and left for a holiday in the Maldives. However, while there Bill Grimsey - Iceland's new CEO - was slashing the profits they were shortly to announce. Ultimately, Iceland announced a loss of 26m - rather than the 130m profit the City was expecting. Having sold his shares just before the company's year-end led to Walker being questioned for three years before he was declared innocent of insider dealing. 5 years after he left, he walked back in as the boss to revive the company.
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