Primark CEO resigns after investigation into behaviour (Communities - News & Events)
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Item ID 3136778 in Category: Communities - News & Events
Primark CEO resigns after investigation into behaviour | |
The resignation of the chief executive of Primark, Paul Marchant, followed an investigation into his behavior with a woman “in a social environment”, said the UK owner Associated British Foods (ABF) on Monday. He has just resigned immediately from Primark after 16 years as a CEO during which he took the company in expansion into US and Europe among other interests. According to a statement released by the firm, Marchant cooperated with the investigation, admitted his mistake in judgment, and accepted that his acts were below the standards that ABF had expected. That was when the latter apologized for their mistake. The massive agri-food company ABF stated that it still provides assistance to the individual who alerted it to his actions. When AFP contacted the group, they did not immediately provide more information. According to ABF CEO George Weston , the statement read, I am extremely disappointed. He went on to say that our culture must and does transcend any one person. Primark, which has operations in 17 countries and employs over 80,000 people, is based in Ireland and contributes about half of ABF’s sales.  | |
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| Target State: Uttar Pradesh Target City : Lucknow Last Update : 08 April 2025 11:19 AM Number of Views: 13 | Item Owner : Voiceofentrepreneur Contact Email: Contact Phone: 9315895421 |
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2025-04-19 (0.440 sec)