BREAKING NEWS

BREAKING NEWS

Karren Brady quits as chairman of Philip Green's holding company

Karren Brady quits as chairman of Philip Green's holding company
Britain's small business ambassador Karren Brady listens during the keynote speech by Chancellor of the Exchequer George Osborne at the annual Conservative Party Conference in Manchester, Britain October 5, 2015. REUTERS/Suzanne Plunkett -
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LONDON (Reuters) - Karren Brady has resigned as non-executive chairman of Taveta Investments Limited, the holding company of tycoon Philip Green's Arcadia Group, the firm said on Monday.

Brady has been chairman since July 2017.

Taveta said Sharon Brown had also resigned as a non-executive director.

"Taveta is in active discussions with individuals who have significant relevant experience and expects to make a further announcement as to the composition of its board shortly," it said.

(Reporting by James Davey; editing by Costas Pitas)

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