Paul walks, CEO of Primark, resigned following a corporate investigation into its behavior in the against a colleague. His resignation, with immediate effect, come after 16 years of activity as CEO of Primark, with the supervision of expansion in Europe and the United States. The AFP reports it.
“Marchant collaborated with investigations, recognized his evaluation error,” wrote the company in a press release. “He presented his apologies to the person concerned,” added the group.
The group offers “his support for the person who brought this behavior to his attention”. “I am immensely disappointed,” said George Weston, CEO of ABF, mentioned in the press release. Acting responsibly is the only way to build a sustainable future “.
Primark, represents almost half of ABF’s sales, operates in 17 countries and has more than 80,000 employees. Its 450 stores sell mainly clothes and accessories, but they also host coffee, eyebrow bars and hairdressers. ABF shares are down by 1.75% at the Ftse 100 in London.