Primark's CEO resigned over an allegation of inappropriate behavior, which was an 'error of judgment,' company says

Business and Finance Business and Finance

Tue, April 1, 2025

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Primark's CEO resigned over an allegation of inap .. r, which was an 'error of judgment,' company says

Primark's CEO resigned over an allegation of inappropriate behavior, which was an 'error of judgment,' company says

^{Published on 2025-03-31 11:21:42 - Insider}

The CEO of a major budget fashion retailer has stepped down after a woman made an allegation of inappropriate behavior against him, the company says. According to a press release by Primark's owner, Associated British Foods,

Primark's CEO, Paul Marchant, resigned following an allegation of inappropriate behavior, which the company described as an "error of judgment" rather than a breach of conduct. The incident involved a single occurrence of inappropriate behavior towards a colleague, leading to his immediate resignation. Primark emphasized that this was not a case of sexual harassment or assault, and no criminal charges were filed. The company has since appointed a new CEO, George Weston, who was previously the CEO of Associated British Foods, Primark's parent company. This transition comes at a time when Primark is navigating through a challenging retail environment, focusing on recovery and growth post the global health crisis.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/other/primark-s-ceo-resigned-over-an-allegation-of-inappropriate-behavior-which-was-an-error-of-judgment-company-says/ar-AA1BZ62O ]

N@N

Primark's CEO resigned over an allegation of inappropriate behavior, which was an 'error of judgment,' company says