Tuesday, 26 June 2018

Chief executive of shoe manufacturer Clarks quits after conduct investigation



The chief executive of shoe manufacturer Clarks has resigned after an inquiry into complaints surrounding his conduct.
 
The retailer said Mike Shearwood had faced claims "contrary to the family-owned company's code of business ethics."
 
 
Its statement said: "Clarks recently learned that aspects of Mr Shearwood's conduct, conversations and expressions fell short of the behaviours expected of all its employees on a number of occasions.


"In these circumstances the board has accepted Mr Shearwood's resignation.


Mike Shearwood joined Clarks in September 2016. Pic: Clarks



"Clarks named Stella David, formerly the company's senior independent director as interim chief executive officer effective immediately."
 
 
The nature of the allegations against Mr Shearwood, the former boss at fashion label Karen Millen, were not disclosed.





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