Marchant “acknowledged his error of judgement and accepts that his actions fell below the standards expected by the company,” Primark said in a statement.
The retailer has 451 stores in 17 countries across Europe and the U.S.
Eoin Tonge, finance director of Associated British Foods, has been name Primark’s interim CEO, ABF said in a statement.
The investigation was carried out by external lawyers and Marchant cooperated with the probe, Associated British Foods said. The company said it was committed to providing a “safe, respectful and inclusive” work environment.
“I am immensely disappointed,” ABF Chief Executive George Weston said in a statement. “We believe that high standards of integrity are essential. Acting responsibly is the only way to build and manage a business over the long term.”
Credit: AP
Credit: AP
Credit: AP
Credit: AP