February 25, 2019

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Karren Brady quits Philip Green’s empire amid controversy


Sir Philip Green and Baroness Brady Image copyright
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Baroness Karren Brady has resigned from Sir Philip Green’s retail empire, simply weeks after vowing to remain in her submit regardless of a harassment scandal.

Taveta, the holding firm for Sir Philip’s Arcadia group, mentioned she had stepped down as its non-executive chairman, however gave no purpose.

She had been chairman since July 2017.

It comes after allegations of sexual harassment and racial abuse of workers by Sir Philip have been reported earlier this month, accusations he strongly denies.

Baroness Brady had mentioned she felt “a real sense of duty” to workers on the retail empire, together with her personal daughter, Sophia Peschisolido, who has been a social media content material assistant at Topshop since 2016.

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Ms Brady was made a life peer in 2014 and sits on the Conservative benches within the House of Lords.

She additionally runs a enterprise management agency by way of the web site strongfemaleleadership.com.

The agency mentioned Sharon Brown had additionally resigned as non-executive director of Taveta.

“Taveta thanks them for their contribution and wishes them well for the future,” the corporate mentioned.

Analysis

Simon Jack, enterprise editor

Baroness Brady’s seat on the head of the Taveta board has been an uncomfortable one ever since she grew to become chair in 2017.

Putting one in every of Britain’s most high-profile businesswomen on the head of a board on which she had served since 2010 was seen a shrewd appointment within the wake of the collapse of BHS.

She has described herself as being “tough” and has often spoken out towards males who abuse their energy inside organisations, subjecting girls to inappropriate behaviour.

The latest revelations of considerable funds of hush cash to maintain allegations towards Sir Philip of sexual and racial harassment quiet due to this fact made her place very awkward certainly.

Having weathered the media storm round Sir Philip Green’s conduct and using non-disclosure agreements for a number of months, questions will naturally come up as to why they’re each stepping down now.

Sir Philip Green has at all times insisted that there was nothing in his conduct that was illegal.

With each enterprise associates and board members leaping ship, it appears that evidently whereas not illegal, it has made him deeply unpopular.

Earlier this month, Sir Philip dropped authorized motion towards the Daily Telegraph newspaper, which had been prevented from publishing accounts of his alleged misconduct in the direction of 5 staff.

The paper subsequently reported that he paid a feminine worker greater than £1m to maintain quiet after she accused him of kissing and groping her.

After the allegations grew to become public, Baroness Brady got here below strain to step down from her submit at Taveta.

But she responded by saying that she would keep in her submit as a result of she felt “a real sense of duty” to the folks working at Taveta.

She mentioned on the time in an announcement issued by way of her public relations staff: “I wish to be 100% clear – I’ve at all times been an outspoken defender of ladies’s rights within the office and at all times will probably be.

“As chairman of Taveta, I’m extraordinarily happy with our folks, our clients and our manufacturers. My major concern are the 20,000 individuals who work there, of which over 85% are girls.”



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