Ted Baker founder Ray Kelvin is taking a depart absence from the style firm after the board mentioned it had been made conscious of “additional critical allegations” that it will be investigating.
In an announcement issued to the inventory market simply earlier than it closed on Friday afternoon, Ted Baker’s board mentioned the chief working officer, Lindsay Web page, can be taking up as appearing chief govt with instant impact.
Earlier this week, Ted Baker’s board mentioned it had appointed the regulation agency Herbert Smith Freehills to hold out an impartial investigation into reviews of harassment by Kelvin after about 300 former and present employees signed a petition on campaigning web site Organise complaining about behaviour together with “pressured hugs” and ear kissing. Organise mentioned it had despatched about 100 anonymised reviews of alleged harassment to the Ted Baker board.
On Thursday, the corporate mentioned Kelvin would proceed in his job whereas the investigation was being carried out, however Friday’s assertion mentioned he had agreed to take a while out because the board had “now been made conscious of additional critical allegations in regards to the conduct of [Kelvin], which it should even be investigating”.
It mentioned it will not be making additional remark in regards to the nature of the allegations whereas they remained beneath investigation.
The assertion mentioned: “Ray Kelvin has agreed, for the good thing about the enterprise and the individuals who work in it, that he’ll take a voluntary depart of absence from his function with the corporate whereas these allegations are investigated.”
David Bernstein, the non-executive chairman, mentioned: “Ted Baker has nice folks throughout its international groups in addition to a extremely skilled operational board underpinned by the energy and expertise of our groups, I’m assured that the enterprise stays in a robust place to proceed to ship its long-term progress technique.”