Paul Marchant, CEO of Primark, resigned immediately following allegations of inappropriate behavior in a social context. His departure came after an investigation led by external lawyers, where he acknowledged an error in judgment. CEO George Weston expressed disappointment, emphasizing the importance of respect and dignity in business operations. Under Marchant, Primark expanded to over 450 stores across Europe and the U.S., known for its low prices, but faced criticism over labor practices, including a past connection to a tragic factory collapse in Bangladesh.
I am immensely disappointed. Acting responsibly is the only way to build and manage a business over the long term. Colleagues and others must be treated with respect and dignity.
Marchant has led Primark since 2009, the same year the stores first entered the German market, which marked a significant expansion for the brand.
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