Finance Director Quits Black Circle

Scottish based online tyre retailer Black Circles has been dealt a blow by the unexpected departure of its finance director, Bob Russell. Mr. Russell had been with Black Circles since its early days and in August 2006 had joined the company’s Board of Directors. He reportedly was a key adviser to chief executive, Michael Welch.

Black Circles has over 900 contracted fitting outlets, and the company is currently finalising its plans to double this number, as well as enter the French and German markets. No replacement for Russell has been named at present.