Outgoing Tesco chairman John Allan has resigned one different chairmanship following allegations of inappropriate behaviour.
Mr Allan could be stepping down as chair of house builder Barratt Developments on 30 June, the company has launched.
Simply remaining week Tesco launched his departure subsequent month and acknowledged the allegations “danger turning into a distraction”.
A successor, Caroline Silver, has been appointed at Barratt.
Ms Silver was as a consequence of take up the place from September nonetheless her tenure has been moved forward “in the most effective pursuits of Barratt” and to “forestall the continuing influence of the allegations in opposition to John from turning into disruptive to the corporate”.
The agency acknowledged it had not obtained any complaints about Mr Allan all through his time on the enterprise.
A senior neutral director at Barratt thanked Mr Allan for his work.
“The board is grateful to John for his 9 years of service to Barratt,” Jock Lennox acknowledged.
“He leaves the corporate in a powerful monetary and operational place, persevering with to carry out nicely in difficult market circumstances.”
Mr Allan has denied three of 4 allegations of inappropriate and unprofessional behaviour made by 4 girls in The Guardian newspaper.
The women accused him of touching a Tesco senior employees member on the underside on the June 2022 AGM and touching a employees member at a CBI (Confederation of British Business) annual dinner in 2019, when he was president of the organisation.
The article moreover accused him of developing inappropriate remarks.
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Mr Allan has accepted he made one comment a couple of CBI employees member in 2019 that she found offensive – and he had apologised unreservedly for it.
He acknowledged of Barratt’s announcement: “It’s with remorse that on the request of the board I’m stepping down as chairman of Barratt Developments Plc as of 30 June, 2023, forward of ending my tenure in early September as deliberate.
“My early departure from Barratt is a outcomes of the anonymous and unsubstantiated allegations made in direction of me, as reported throughout the Guardian which I vehemently deny.
“Over the previous 9 years a lot has been achieved at Barratt to be pleased with.
“I need my successor Caroline Silver the best as she takes on the place of Chair of this wonderful agency.”
Originally posted 2023-05-23 16:20:05.