LONDON — Taveta Investments, parent of Sir Philip Green’s Arcadia retail group, is looking to fill two non-executive positions after Karren Brady and Sharon Brown resigned in the wake of a newspaper investigation into Green.
Brady, vice chairman of England’s West Ham United soccer team, was the non-executive chairman of Taveta while Brown, an accountant, was a non-executive director.
Brady is known in the U.K. as the “first lady of football” for her long career running the businesses of British soccer teams. She is also a member of the House of Lords, the upper house of parliament.
Known as a strong character who was able to stare down the roughest and most aggressive athletes during her decades-long career, Brady has come under fire from British media for not doing more, once allegations of misconduct by Green emerged in The Telegraph newspaper. She joined the Taveta board in the summer of 2017.
“Taveta would like to announce that Karren Brady and Sharon Brown have resigned from its board. Taveta thanks them for their contribution and wishes them well for the future,” the company said Monday. “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.”
Taveta went on to say that the board of Arcadia Group Limited, and those of all the other trading companies in the group remain “unchanged and committed to the group’s strategy for the benefit of all stakeholders.”
As reported, The Telegraph has been investigating Green’s treatment of employees, and his use of non-disclosure agreements. The paper has published accounts of Green’s alleged racist comments, bullying and sexual harassment of his employees and others.
Earlier this month The Telegraph said it would continue to campaign against “the misuse of NDAs” and wants the U.K. government to act to revise the laws that govern them.