Clarks CEO Mike Shearwood Departs After Misconduct Investigation
- Company says behavior fell short of expected standard
- Clarks says it received complaints from whistleblowers
Footwear sits on display at discounted sale prices inside a Clarks footwear store, operated by C. and J. Clark International Ltd, in Berlin, Germany.
Photographer: Krisztian Bocsi/Bloomberg
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C&J Clark Ltd., the seller of Clarks shoes, has parted company with Chief Executive Officer Mike Shearwood after an internal investigation into complaints about his conduct.
“Clarks recently learned that aspects of Mr. Shearwood’s conduct, conversations and expressions fell short of the behaviors expected of all its employees on a number of occasions,” a company spokeswoman said by email. “The board has accepted Mr. Shearwood’s resignation.”