Jeff Moody and Ray Taylor, two of the three-strong team who led a management buyout of BDC in 2008, have left the company. The third, Steve Gallagher, has been retained as commercial director by new md Eamonn Swift.
Mr Swift, who has been appointed md with immediate effect, came on board at the beleaguered wholesaler when he invested £2.5m in the company in 2009. The circumstances of Mr Moody and Mr Taylor leaving are unclear.

Mr Swift has also retained the services of sales director Eddie Seymour and has welcomed Colin Drake back into the BDC buying team.