THE boss of Primark has quit after an investigation was launched into alleged inappropriate behaviour towards a female member of staff.
Paul Marchant has stepped down as chief executive of the high-street brand with immediate effect.
PAPaul Marchant has apologised to the individual involved, his colleagues and others concerned within the business[/caption]
The company said Mr Marchant co-operated with the investigation, “acknowledged his error of judgment and accepts that his actions fell below the standards expected by ABF”.
“He has made an apology to the individual concerned, the ABF Board and also to his Primark colleagues and others connected to the business,” it added.
ABF stressed that it will continue to offer support to the individual who brought the incident to its attention.
It follows the the Associated British Foods pls initiated an external investigation into the allegation made by an individual about his behaviour towards her in a social environment.
Eoin Tonge, ABF Finance Director, is thought to take over as Primark Chief Executive on an interim basis.
He will be working with the senior Primark management team and Primark’s Strategic Advisory Board.
Joana Edwards, ABF Group Financial Controller, will act as interim ABF Finance Director.
Both executives have the experience to perform these roles well.
AFPPaul Marchant has stepped down as chief executive of the high-street brand[/caption] Published: [#item_custom_pubDate]
