By Claire West
G4S Chief executive Nick Buckles keeps his job but two other directors resign following a review of their failure to fulfil their Olympics contract.
In a statement the company said: "Whilst the chief executive has ultimate responsibility for the company's performance, the review did not identify significant shortcomings in his performance or serious failings attributable to him in connection with the Olympic contract,"
John Connolly, who joined G4S as Chairman on June 8, previously said:
“G4S has accepted responsibility for its failure to deliver fully on the Olympic contract. We apologise for this and we thank the military and the police for the vital roles they played in ensuring the delivery of a safe and secure Games.
Our Review of the company's performance on this contract has been extremely thorough and, whilst the failures are largely specific to the very special nature of this contract, we will learn from mistakes made. We are taking actions in relation to both the management and governance of G4S to ensure we continue to deliver the highest standards of customer service and contract delivery across the Group.”