Pension funds vote for removal of Sports Direct board

James Phillips
clock • 3 min read

Major pension funds and asset managers have voted against the re-election of Sports Direct founder Mike Ashley and chairman Keith Hellawell at the company's annual general meeting on 7 September.

The move follows allegations of health and safety violations and sexual abuse at the sports retailer as well as criticism of its use of controversial zero hour contracts and holding staff after wor...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

PLSA updates stewardship and voting guidelines to reflect changing environment

PLSA updates stewardship and voting guidelines to reflect changing environment

Justin Wray outlines changes around AI, listing rules, climate change and social factors

Justin Wray
clock 28 February 2025 • 3 min read
Schroders to manage £400m following Utmost Life and Pensions partnership

Schroders to manage £400m following Utmost Life and Pensions partnership

Deal follows Utmost’s entry into BPA market at the end of last year

Jonathan Stapleton
clock 28 February 2025 • 1 min read
Partner Insight: A thoughtful approach to private markets

Partner Insight: A thoughtful approach to private markets

The People's Pension's Dan Mikulskis discusses how private markets can drive long-term growth for pension schemes, but only if costs are controlled.

Dan Mikulskis, The People's Pension
clock 28 February 2025 • 2 min read
Trustpilot