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Primark boss steps down over inappropriate behaviour allegation


//business-finance.news-articles.net/content/202 .. own-over-inappropriate-behaviour-allegation.html
Published in Business and Finance on by Euronews   Print publication without navigation

The boss of low-cost retailer Primark has resigned with immediate effect following a complaint made by a woman about his behaviour towards her in a social setting. Paul Marchant's departure follows an investigation into the allegation, according to a statement released on Monday by Primark's parent company Associated British Foods.

The article from MSN discusses the resignation of Paul Marchant, the CEO of Primark, following a complaint about inappropriate behavior. Marchant, who has been with the company for 30 years and served as CEO since 2022, stepped down immediately after the complaint was made. The nature of the complaint was not detailed in the article, but it was serious enough to prompt his resignation. Primark's parent company, Associated British Foods (ABF), confirmed the resignation and stated that an investigation would be conducted. Marchant expressed his sadness about leaving but acknowledged the necessity of the decision. ABF has appointed an interim CEO while they search for a permanent replacement.

Read the Full Euronews Article at:
[ https://www.msn.com/en-gb/money/other/primark-boss-steps-down-over-inappropriate-behaviour-complaint/ar-AA1BZ6Od ]

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