Sports Direct, the British sporting goods retailing group, stated that Dave Forsey resigned September 22 from his post as CEO and director of the company.
In his place, the Sports Direct Board appointed Mike Ashley as CEO, effective immediately.
Ashley will continue to be supported by the existing executive management team, and Forsey has agreed to facilitate a smooth handover of his responsibilities.
The company also promoted Karen Byers to global head of operations and Sean Nevitt to global head of commercial, both with immediate effect.
“I would like to thank Dave for his significant contribution over the last 32 years and during a period of significant growth and change at the Company. On behalf of all the people at Sports Direct I wish him well in his future endeavors,” said Chairman Keith Hellawell.
Ashley added, “I feel like I have lost my right arm, but I do hope to have the opportunity to work with Dave again in the future.”
