Wetherspoon’s Down to be Go-Ahead’s finance head

THE FORMER JD Wetherspoon finance chief who shocked the pubs sector by quitting in October was yesterday unveiled as transport group Go-Ahead’s new finance director.

Go-Ahead, which runs a fifth of London’s buses as well as the Southern and South Eastern rail franchises, is listed in the FTSE 250.

He will replace Go-Ahead’s Nick Swift who is moving to be chief financial officer at British Airways.

Go-Ahead chief executive Keith Ludeman said: “His experience in businesses with a strong consumer angle alongside complex logistics will prove invaluable as we continue to develop what is a very robust business in the months and years ahead.”

Down, who will start his new job on 7 March, said yesterday: “Go-Ahead has brought innovation to the industry and consistently delivered for shareholders – even when there have been a number of economic challenges.”