Wallace Arnold md quits after 3 months

Simon Mallalieu, the former sales and marketing director of Lyons Cakes who left to become managing director of holiday firm Wallace Arnold, has left the post after three months.

Mallalieu, who also headed sales and marketing for Wallace Arnold, was appointed following a major restructure last summer after the company’s first half losses increased to £820,000.

Parent company Barr Wallace Arnold Trust appointed new group chief executive John Parker and gave him the task of improving Wallace Arnold’s financial results.

Parker brought Mallalieu in to replace managing director John King. The restructure also resulted in the departure of sales and marketing director Chris Campion and continental tours director Paul McTiernan. Parker, however, was himself forced out after a boardroom battle within the Barr family.

Mallalieu’s sales and marketing role has been taken over by tours director Bill Maxwell. The company has yet to appoint a managing director.