Sports Direct chairman Keith Hellawell rejected by shareholders again

Sports Direct chairman Keith Hellawell rejected by shareholders again
 

Keith Hellawell, the embattled chairman of Sports Direct, has been rejected by independent shareholders for the second time in four months, as outside investors repeated calls for the former police chief constable to be ousted from the sportswear retailer’s board.
In a second poll, forced by independent investors under new City rules, 54% of the group’s outside shareholders voted against Hellawell’s re-election to the group’s board.
They had defeated a similar company resolution to retain Hellawell at the annual meeting in September.
However, Hellawell will remain in position after winning... read more

 
12 March 2018 in Business, Views: 57
Source: Guardian
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