Paul Marchant, the chief executive officer of Primark, resigned immediately following allegations of inappropriate behavior towards a woman in a social context. Following the investigation led by external lawyers, Marchant acknowledged an error in judgment and expressed regret to his colleagues, the company board, and the accuser. George Weston, CEO of Associated British Foods, highlighted the importance of maintaining a culture of respect and dignity. Marchant, who led Primark since 2009, has overseen the chain's expansion into 17 countries but faced scrutiny over the brand’s ethical practices despite its financial success.
Primark's Chief Paul Marchant has resigned over allegations of inappropriate behavior, with Associated British Foods emphasizing respect and dignity as fundamental values for the company.
George Weston expressed deep disappointment, stating, 'Acting responsibly is the only way to build and manage a business over the long term.'
Marchant acknowledged his 'error of judgement' amid an ongoing investigation, apologizing to the accuser, colleagues, and the board.
Primark’s significant expansion since 2009 has drawn both attention for its low prices and criticism regarding its ethical practices, especially after the 2013 Rana Plaza disaster.
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