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Karren Brady steps down from boardroom role

Filed: Monday, 25th February 2019
By: Staff Writer

West Ham's vice chairman Karren Brady has performed a remarkable u-turn by quitting her role at Taveta Investments - just a matter of weeks after stating that she felt "a real sense of duty" to remain.

Brady was universally panned for refusing to resign from the fashion empire holding company after the group's owner Philip Green, a personal friend of Brady and her husband Paul Peschisolido, was accused of sexual harassment and racial abuse.

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However it was confirmed on Monday that 49-year-old Brady, who has held a similar position on the Board of West Ham since 2010 had changed her mind and has since tendered her resignation from the holding company.

A brief statement from Taveta confirmed that both Brady and non-executive director Sharon Brown had left the group with immediate effect. "Taveta thanks them for their contribution and wishes them well for the future," it said.

Following her initial decision to stand by Green, despite multiple claims of harassment and abusive behaviour, Brady was heavily criticised by various parties.

The self-styled 'champion of women in the workplace' was accused of hypocrisy by the Daily Telegraph's Retail Editor Ashley Armstrong. "By doing nothing she is effectively condoning misogyny while Arcadia employees have to work at a company that stands accused of silencing victims of alleged harassment," said Ms Armstrong.

Meanwhile former Dragon's Den star Duncan Bannatyne insisted that it was "disgusting that shes on the payroll of a billionaire who hasnt got a great history with women". Speaking in an interview with The Daily Mirror last week, he blasted: "She says shes a champion of women then she slags off women shes never met".

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In a statement released via her agent when the furore over Green erupted earlier this month, Brady insisted that she would stand by the tycoon who dropped threats to sue The Telegraph after the newspaper - who referred to him as a "dirty old man" - revealed lurid details of his exploits.

"I hope you would agree that walking away is the easy thing to do," she said, "but staying in the role and ensuring the company is robust going forward is much harder."

It is unclear whether Ms Brady's daughter Sophie - who is employed by TopShop, one of the companies under the Taveta umbrella - will follow her mother's example and leave her role at the high street store.

Related News

   arrow   In brief - Monday's news round-up [18th Mar 2019]
   arrow   West Ham come up short on International Women's Day [8th Mar 2019]
   arrow   In brief - Wednesday's news round-up [27th Feb 2019]
   arrow   In brief - Tuesday's news round-up [26th Feb 2019]
   arrow   Karren Brady steps down from boardroom role [25th Feb 2019]
   arrow   In brief - Thursday's news round-up [14th Feb 2019]
   arrow   Vice chair Brady accused of hypocrisy [13th Feb 2019]
   arrow   Position no longer appropriate, say West Ham [1st Feb 2019]
   arrow   FA fine West Ham for Burnley disturbances [22nd Jan 2019]
   arrow   In brief - Friday's news round-up [4th Jan 2019]

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