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24th April 2024 Issue no. 702

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Security giant Serco chief resigns

Christopher Hyman, the chief executive of security giant Serco, which is facing an investigation after the British government was overcharged millions of pounds for electronically tagging criminals, has resigned, the company has announced.

Hyman quit as the firm attempted to rebuild its relationship with the government following controversies over its handling of key contracts.

"I have always put the interests of Serco first. At this time, nothing is more important to me than rebuilding the relationship with our UK government customer," Hyman said.

6th November 2013