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Sports Direct CEO Dave Forsey Resigns; Names Mike Ashley New CEO

Sports Direct International Plc. (SPD.L) said that Dave Forsey resigned as Chief Executive and as a director of the Company. The Board has appointed Mike Ashley as Chief Executive with immediate effect.

Mike Ashley will continue to be supported by the existing executive management team, and Dave Forsey has agreed to facilitate a smooth handover of his responsibilities.

 In addition, the Company said that Karen Byers has been promoted to the role of Global Head of Operations, and Sean Nevitt has been promoted to the role of Global Head of Commercial, both with immediate effect.

by RTTNews Staff Writer

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