Former Mitie boss Ruby McGregor-Smith has been shortlisted as a Conservative Party candidate for London’s mayoral election.
Baroness McGregor-Smith led Mitie as CEO from 2007 for almost a decade, having originally joined in 2002 as a director.
She stepped down in December 2016 after the firm had issued multiple profit warnings. Mitie cut thousands of jobs the following year and its share price today is around half its 2014 peak.
Baroness McGregor-Smith was born in India but moved to London with her family at the age of two.
In 2012 she was awarded a CBE for services to business and diversity in business, and was made a life peer in 2015.
She told the Evening Standard: “The people of our city deserve more than a man who views its most important executive position as a stepping stone to other things.
“It’s time for a mayor whose sole focus is to deal with the challenges our city faces.
“It’s time for a mayor who will re-ignite the possibility, opportunity and the confidence of the greatest city on earth. That’s why I’m running to be London’s mayor.”
In December last year, Mace confirmed to CN that Baroness McGregor-Smith was providing “independent external advice” to the firm’s FM business Macro, formed in 2002.
The Conservative’s shortlisted candidates are: Shaun Bailey; Andrew Boff; Duwayne Brooks; Alison Cork; Kevin Davis; Simone Finn; Ruby McGregor-Smith; Joy Morrissey; Kulveer Ranger; and Andrew Rosindell.