Patrick Smith, chairman of specialist motorcycle insurance broker Swinton Bikes’ parent Swinton Holdings, has retired from the business.
Smith was chief executive at Swinton from 2005 until 2009, when he assumed the role of chairman. He remained in that position after Swinton’s French owner Covéa sacked the entire executive board — including his successor as CEO, Peter Halpin — in December 2011, over what Covéa deemed an over-generous directors’ bonus package.
Â