Hornby names new chief exec
Model train maker Hornby yesterday said it had appointed former Ladbrokes board director Richard Ames as its new chief executive. Ames joined Ladbrokes in 2005 and ran the UK and Ireland retail operations where he was responsible for managing a successful retail turnaround strategy. Ames has also held senior roles at Dixons and Wal-Mart. The firm warned at the start of this year that sales for the current financial year would be below expectations.