AGM will commission an external review of its board of directors and a report into workers’ conditions. The company is currently facing a revolt by shareholders over the reappointment of chairman Mike Ashley at its Sports Direct next month . next month , over 28% of independent shareholders did not back Hellawell. New rules mean that the chairman must now be approved by these shareholders and not simply by owner Keith Hellawell , who has a 55% stake in the company. Shareholders will also vote on a Unite resolution calling for an independent review of “human capital management” at the firm.
Sports Direct will commission an external review of its board of directors and a report into workers’ conditions. The company is currently facing a revolt by shareholders over the reappointment of chairman Keith Hellawell at its AGM next month. Last year, over 28% of independent shareholders did not back Hellawell. New rules mean that the chairman must now be approved by these shareholders and not simply by owner Mike Ashley, who has a 55% stake in the company. Shareholders will also vote on a Unite resolution calling for an independent review of “human capital management” at the firm.