Sports Direct chair in sudden exit
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PA
Keith Hellawell, the chairman of Sports Direct, is to retire from the company later on Wednesday.
The sudden announcement was made by the company as it prepared to hold its annual general meeting of shareholders.
A year ago, Mr Hellawell was as re-elected as chairman, but he only won the backing of 53% of independent shareholders.
The former chief constable of West Yorkshire Police had faced criticism about the way the company was run.
The company founded by Mike Ashley said Mr Hellawell, who had been on the board since 2009, would retire at the end of Wednesday’s AGM.
He will be replaced by non-executive director David Daly, who was appointed to the board last year.
