Annus horribilis sees Mobico boss step down

Mobico Group’s woes continues after it reveals a loss of £793m, sale of American school bus business and the departure of CEO Ignacio Garat
 School bus business sold to Arriva parent I Squared Capital
 Mobico chief executive Ignacio Garat stepped down suddenly this week, marking the second senior departure in recent months.The move comes shortly after Mobico’s former CEO and current chair designate, Phil White, was appointed as executive chair as the group’s boa