Augean loses chief executive

Augean Waste Management’s chief executive Paul Blackler said yesterday he plans to step down, as the group posted increased revenue over the six months to 30 June of £20m, up from £19.4m over the first half of 2011. The waste management company reported a pre-tax profit of £0.9m, from a loss of £0.1m last year. A search is now underway for a new chief executive.