Tag: Mike Ashley
Barclays announces board changes
Sir John Kingman will join as a NED and take over from Crawford Gillies as chair of the group’s ring-fenced banking arm, Barclays UK.
Hellawell leaves Sports Direct as Ashley lambasts City and media
Keith Hellawell leaves Sports Direct after a tumultuous period; founder Mike Ashley hits back at media and City for backing company performance, yet “stabbing Sports Direct in the back”.
Hellawell narrowly retains Sports Direct chair after shareholder vote
Despite vocal opposition from major shareholders leading up to Sports Direct’s AGM, Keith Hellawell is narrowly re-elected as Sports Direct chairman.
Institutions oppose Sports Direct chairman’s reappointment
A number of major institutional shareholders, consultancies and lobbyists are against the reappointment of Sports Direct chairman Keith Hellawell, who is prepared to stand down on their say-so at the impending crunch vote.
Employee representative ‘will do little’ to fix Sports Direct governance
Institute of Directors’ Oliver Parry says appointing a worker representative to the board of Sports Direct is not enough to resolve the company’s governance failings.
Sports Direct debacle prompts desire to change listing rules
Large institutional shareholders may consider a call to change UK listing rules to counter governance failings seen at Sports Direct.
Sports Direct CEO welcomes support of hedge fund manager
Hedge fund manager Crispin Odey backs embattled Sports Direct CEO Mike Ashley.
Hellawell survives at Sport Direct
Independent shareholders vote against Keith Hellawell, the sitting chairman, who survives with the vote of chief executive Mike Ashley.