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Mike Ashley ditches Debenhams Board, installs himself as CEO

Mike Ashley ditches Debenhams Board, installs himself as CEO

Struggling department store Debenhams has once again made headlines after retail tycoon Mike Ashley has made a bid to oust the firm’s Board and appoint himself as Director.

The announcement, which was made on the London Stock Exchange, revealed that the magnate intended to step down from his position as Director and Chief Executive of Sports Direct if he was appointed in an “executive role” at Debenhams.

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