Significant anti-Ashley vote as Sports Direct chairman quits
After another stormy Sport Direct, nearly 10% of shareholders voted against Sports Direct owner Mike Ashley being re-elected as a director of the company.
The move came after chairman Keith Hellawell earlier announced he was to set to step down from the role following investor pressure.
Hellawell had been with the company for nine years. David Daly, non-executive director, will take up the role of chairman at the conclusion of the AGM.
Hellawell said: "Having overseen significant improvements in the working practices and cor... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...