Consumer
Primark Says CEO Marchant Quit Over Inappropriate Behavior
Photographer: Paul Faith/AFP/Getty Images
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Primark Chief Executive Officer Paul Marchant has resigned following an investigation into what the fashion chain’s owner Associated British Foods Plc called inappropriate behavior toward a woman.
AB Foods said Monday that Marchant accepts that his actions — in what it described as a social environment — fell below the standards expected by the company, and that he has apologized to the woman concerned. Marchant did not immediately respond to a request for comment.