Less Ads, More Data, More Tools Register for FREE

Former Post Office CEO Vennells leaves Morrisons and Dunelm boards

Mon, 26th Apr 2021 08:45

(Alliance News) - Embattled former Post Office boss Paula Vennells has stepped down from the boards of both grocer Wm Morrison Supermarkets PLC and homewares retailer Dunelm Group PLC.

The news comes amid widespread criticism of the handling of the Horizon scandal, when reports of a faulty IT system at the Post Office were not properly probed.

It meant hundreds of subpostmasters, those in charge of branches of the Post Office, were prosecuted amid allegations of theft and fraud as a result of the faulty Horizon system. On Friday, some subpostmasters had their convictions overturned.

Vennells has stepped down from the boards of Wm Morrison and Dunelm with immediate effect.

Dunelm shares were 0.6% higher at 1,458.00 pence each in London on Monday morning. Morrisons was up 0.1% at 179.50p.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News

IN BRIEF: LondonMetric buys grocery site, sells DIY retail property

IN BRIEF: LondonMetric buys grocery site, sells DIY retail property

14 Sep 21 14:07

CD&R signs deal with Morrisons pensions funds, as auction looms

CD&R signs deal with Morrisons pensions funds, as auction looms

14 Sep 21 11:52

Supermarket prices rise as cost pressures mount

(Sharecast News) - Supermarket prices rose sharply in September as grocers cut in-store promotions amid increased cost pressures, a survey showed.

14 Sep 21 09:53

TOP NEWS: UK supermarket sales fall but inflation heats up - Kantar

TOP NEWS: UK supermarket sales fall but inflation heats up - Kantar

14 Sep 21 09:19

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.