John Allan steps down from Barratt Developments chairmanship | Business News

Outgoing Tesco chairman John Allan has resigned one other chairmanship following allegations of inappropriate behaviour.

Mr Allan might be stepping down as chair of home builder Barratt Developments on 30 June, the corporate has introduced.

Simply final week Tesco announced his departure subsequent month and mentioned the allegations “danger turning into a distraction”.

A successor, Caroline Silver, has been appointed at Barratt.

Ms Silver was as a result of take up the place from September however her tenure has been moved ahead “in one of the best pursuits of Barratt” and to “stop the continued affect of the allegations towards John from turning into disruptive to the corporate”.

The corporate mentioned it had not acquired any complaints about Mr Allan throughout his time on the enterprise.

A senior impartial director at Barratt thanked Mr Allan for his work.

“The board is grateful to John for his 9 years of service to Barratt,” Jock Lennox mentioned.

“He leaves the corporate in a robust monetary and operational place, persevering with to carry out properly in difficult market circumstances.”

Mr Allan has denied three of 4 allegations of inappropriate and unprofessional behaviour made by 4 girls in The Guardian newspaper.

The ladies accused him of touching a Tesco senior workers member on the underside on the June 2022 AGM and touching a workers member at a CBI (Confederation of British Trade) annual dinner in 2019, when he was president of the organisation.

The article additionally accused him of creating inappropriate remarks.

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Mr Allan has accepted he made one remark a few CBI workers member in 2019 that she discovered offensive – and he had apologised unreservedly for it.

He mentioned of Barratt’s announcement: “It’s with remorse that on the request of the board I’m stepping down as chairman of Barratt Developments Plc as of 30 June, 2023, forward of ending my tenure in early September as deliberate.

“My early departure from Barratt is a results of the nameless and unsubstantiated allegations made towards me, as reported within the Guardian which I vehemently deny.

“Over the previous 9 years a lot has been achieved at Barratt to be pleased with.

“I want my successor Caroline Silver the easiest as she takes on the place of Chair of this excellent firm.”