COMPANIES Shares in Qinetiq rose almost 16 per cent on Thursday after Graham Love said he would stand down as chief executive, removing one of the last members of the team behind the controversial privatisation of the former defence research laboratory.
Mr Love will be replaced by Leo Quinn, former head of bank-note maker De La Rue, from the end of November. Mr Quinn has experience with turnrounds from his time at Honeywell International, Qinetiq said.
