Primark CEO Resigns After Investigation

Paul Marchant, the Chief Executive Officer of Primark, has resigned following an investigation into his conduct with a female colleague in a social setting. The announcement was made by Associated British Foods (ABF), the parent company of the popular discount clothing retailer.

Marchant fully cooperated with the investigation, which was conducted by external lawyers. He admitted to an error of judgment and acknowledged that his actions did not meet the standards expected by ABF.

This development marks a significant moment for Primark, as the company navigates the aftermath of the investigation and looks towards its future leadership.