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Thursday 04 July 2019 12:12 pm  |  Updated:  Thursday 04 July 2019 12:17 pm

Sports Direct hit with second senior departure in a week

By: Sebastian McCarthy

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Retail tycoon Mike Ashley owns Sports Direct

A senior figure within Mike Ashley’s Sports Direct has left the firm, marking the second high-ranking departure in under a week.

The high street retailer’s company secretary Cameron Olson is leaving the firm to return to Australia for personal reasons, a spokesperson said today.

The news, first reported by Press Association, comes just days after it emerged that Ashley’s retail chief Karen Byers was also leaving the firm after nearly three decades.

Byers, who is one of the retail tycoon’s closest confidantes at the business, is stepping down as a senior director with immediate effect.

Read more: Top exec and retail chief leaves Mike Ashley’s Sports Direct

Sports Direct said today: “For personal reasons, Cameron has decided to return home to Australia after a great tenure here at Sports Direct.  Naturally we are saddened he is leaving but he goes with our very best wishes for the future.”

Olson has worked as the firm’s head of legal and company secretary for over a decade.

A spokesperson confirmed that Tom Piper, Legal Counsel, will be stepping into the Company Secretary role.

Read more: Game management to sell shares to Ashley’s Sports Direct

One Sports Direct source told Morning Wire that the move “had been planned for some time”.

Read more

Mike Ashley’s Frasers circles Burberry in latest luxury swoop

Burberry store facade with classic plaid pattern, logo, display windows featuring mannequins and handbags

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