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Leighton Holdings Ltd (ASX:LEI) has advised Dr Herbert Lütkestratkötter has resigned from the company as a result of his retirement as chairman of the executive board of Leighton’s major shareholder Hochtief.
Dr Lütkestratkötter had been with Leighton for four years.
Yesterday it was confirmed that Leighton’s financial woes meant that fewer than half of the retail investor shares available had been sold.
In the six months to 31 December 2010, Leighton Holdings posted a net profit of $218 million.
