Sports Direct Chairman, Director Step Down
SPD chairman Keith Hellawell and director Simon Bentley both announced they were resigning from the company’s board just before its annual shareholders meeting, even though both were on the ballot to be reappointed. Investors had been pressuring Hellawell in recent months over the company’s treatment of workers and for failing to control CEO Mike Ashley, and advisory groups had recommended against his re-election, according to a report in The Guardian.
Former Nike exec David Daly will take over as chairman of the parent of EMS and Bob’s Stores here. He joined the board last year as ... Log in to view full article.