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Pin to quick picksDunelm Share News (DNLM)

Share Price Information for Dunelm (DNLM)

London Stock Exchange
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Share Price: 1,028.00
Bid: 1,023.00
Ask: 1,026.00
Change: 34.00 (3.42%)
Spread: 3.00 (0.293%)
Open: 995.50
High: 1,028.00
Low: 986.50
Prev. Close: 994.00
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UK Post Office ex-CEO quits Morrisons and Dunelm boards after IT scandal

Mon, 26th Apr 2021 10:26

LONDON, April 26 (Reuters) - The former boss of Britain's
Post Office, Paula Vennells, stood down from the boards of
retailers Morrisons and Dunelm on Monday after
a miscarriage of justice resulted in sub-postmasters being
wrongly prosecuted.

Hundreds of sub-postmasters were prosecuted between 2000 and
2014 after a software glitch in the Post Office's IT system
Horizon resulted in shortfalls in accounts.

In December 2019, the Post Office agreed to settle claims
made by 555 sub-postmasters, and on Friday, 39 sub-postmasters
had their criminal convictions overturned by the Court of
Appeal.

Vennells, who was Post Office chief executive between 2012
and 2019, said she was "truly sorry" for the suffering caused to
the 39 sub-postmasters as a result of their convictions.

"It is obvious that my involvement with the Post Office has
become a distraction from the good work undertaken by the boards
I serve," she said in a statement.

"I have therefore stepped down with immediate effect from
all of my board positions, and intend to focus fully on working
with the ongoing government inquiry to ensure the affected
sub-postmasters and wider public get the answers they deserve."

She had held non-executive director roles at Morrisons since
2016 and at Dunelm since 2019.

Vennells on Sunday said she would also step back from her
duties as an ordained Church of England minister.
(Reporting by Paul Sandle; editing by James Davey)

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