Primark CEO Resigns After Conduct Investigation

Primark Chief Executive Officer Paul Marchant has resigned following an investigation into his behavior with a female in a social setting, as announced by Associated British Foods (ABF), the parent company of the discount clothing retailer.

"Marchant cooperated fully with the investigation, recognized his mistake, and acknowledges that his actions did not meet the standards expected by ABF," the company stated.

ABF highlighted that the investigation was conducted by external legal experts and that Marchant admitted to an "error of judgment."