Boss of Debden-based money printer steps down

The boss of De La Rue has stepped down

The boss of De La Rue has stepped down

First published in News
Last updated
East London and West Essex Guardian Series: Photograph of the Author by , Reporter - Waltham Forest

The boss of the company which literally has a licence to print money has resigned.

Tim Cobbold, chief executive and director of the Debden-based De La Rue, which produces notes on behalf of the Bank of England, is moving to communications company UBM Plc at the end of this month.

He is to be replaced by chairman Philip Rogerson on an interim basis until a new chief executive is appointed.

Mr Rogerson said: “I would like to record the board’s appreciation of Tim’s significant contribution over the past three years and to wish him well with his future career.

"He leaves De La Rue as a stronger, healthier and more dynamic company than when he joined, and with strong forward momentum."

Comments (1)

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9:24pm Tue 25 Feb 14

Villagecranberry says...

I am thinking of just using Bitcoins as they are more ethical.
I am thinking of just using Bitcoins as they are more ethical. Villagecranberry
  • Score: -11

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